House hunters, particularly first-time buyers, might be helped in their quest to have enough for a deposit by families and individuals saving more. The Bank of England said deposits into accounts “remained strong in March”. Some £16.2bn more was deposited than withdrawn, the data shows.
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Inflation likely to hit 5%, warns Bank of England chief economist
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The Bank of England’s new chief economist says it will have a “live” decision on interest rates next month.
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Hinkley C: UK nuclear plant price tag could rocket by a third
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In a letter to staff, seen by the BBC, Stuart Crooks, the managing director of Hinkley Point C, said...
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Morrisons rejects £5.5bn offer from US private equity firm
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According to the Financial Times, which along with Sky News, first revealed details of CD&R’s intentions, the US buy-out...
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Fed raises interest rates to highest in 22 years
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“We think they’re at a point where the Fed funds rate is restrictive enough to slow the economy, slow...
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Felixstowe port says HGV shortage a factor in container logjam
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Shipping giant Maersk says it is diverting cargo from Port of Felixstowe due to congestion.
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Migrants hit by high fees to send money home
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Female migrants, especially, are sending money home to cover unseen expenses. In Ms Ogba’s own monthly remittances from the...
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Boeing’s 737 Max aircraft under scrutiny again
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According to the FAA, this could potentially “affect the operation of certain systems, including engine ice protection, and result...
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Tobacco giant Philip Morris raises bid for respiratory drugmaker
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The London-listed company said on Friday that it believed it could better positioned under Carlyle’s ownership, noting the “reported...
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