Robert Gardner, chief economist at Nationwide, said: “A prospective buyer, earning the average wage and looking to buy the typical first-time buyer property with a 20% deposit, would see monthly mortgage payments account for 43% of their take home pay – assuming a 6% mortgage rate.
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‘Escorted through the airport like a criminal’
admin, , Business, 0
“The total burden of this issue falls on the individual holidaymaker. The travel company have got your money, they...
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GameStop and AMC: UK trading platform IG stops new trades
admin, , Business, 0
Lots of big investment firms, such as hedge funds, had bet on GameStop to lose a lot of value,...
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Business leaders set out plan for Covid recovery
admin, , Business, 0
A statement from the business department said: “Our Plan for Growth will deliver significant public investment in the infrastructure,...
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Lastminute.com failed to meet Covid refund deadline
admin, , Business, 0
“Despite being given ample time to return all outstanding refunds to customers – as well as clear instructions regarding...
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Ukraine conflict: Oil price soars to highest level since 2008
admin, , Business, 0
“While the US might just push through a ban on Russian oil imports, Europe can ill-afford to do the...
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Millions start getting £326 cost-of-living payment
admin, , Business, 0
Data seen by the BBC shows that Citizens Advice referred almost 700 people a day to food banks in...
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Help to Buy deadline extended amid Covid delays
admin, , Business, 0
The scheme, in its current form, is coming to an end in England. However, data from Homes England obtained...
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UK exports to European Union drop 40% in January
admin, , Business, 0
However, the head of economics at the British Chambers of Commerce, Suren Thiru, said: “The significant slump in UK...
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