When a fixed term comes to an end then a borrower reverts automatically to their lender’s standard variable rate (SVR). But brokers say these SVRs have soared, meaning anyone who adopts a wait and see approach would see a massive jump in the rate they pay, and therefore a much higher monthly mortgage bill.
Image copyright Arc Inspirations Image caption Martin Wolstencroft says restaurants have no idea how to plan for Christmas A...
Downing Street said Rishi Sunak had not watched the speech, but when asked for his response, Business Minister Kevin...
The UK ranks 21st on a global social mobility index, well behind most European countries. It has a high...
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the...
Tesla boss Elon Musk says shareholder votes on a record-breaking payout to the multi-billionaire and a plan to move...
Shipments to the US, Japan and Australia last year all fell, down 33.7%, 21.6% and 21.8% respectively. Exports to...
Topshop owner Arcadia on brink of collapse
“It reiterates the need for us to do far more to help people out of work to get into...
Recent Comments