News

Bank's rate hike madness puts a choke hold on growth and will bring hardship to thousands, warns MAGGIE PAGANO

Today

High Street giant Next warns that shoppers are cutting their spending ahead of Christmas as the squeeze on households gets ever tighter.

The towns where a couple can still buy a home for less than two years' salary

Today

Across the 929 towns in Britain that Zoopla analysed, the average home took up 4.3 times annual household earnings - but these places are much more affordable.

Bank of England opens door to second rate hike before Christmas as inflation threatens to top 6 per cent

Yesterday

In a blow to millions of borrowers, the Bank put up rates for the first time in three years, from 3.75 per cent to 4 per cent.

Elon Musk loses billions as tech wreck fuels fears of stock market crash

Yesterday

More than £2trillion was wiped off the value of the Nasdaq as a tech rout fuelled fears of a stock market crash - and left Elon Musk nursing billions of pounds of losses.

Best cash Isa savings rates: Easy access and fixed deals in our tables

Yesterday

This is Money's best cash Isa tables are updated as new deals arrive and highlight the top easy access and fixed rate Isas from banks and building societies.

The 'swallows' who escape the grim British winter and soaring energy bills for homes in sunnier climates. Here's how YOU can do it too - and the countries where electricity is £50 a month, meals cost £1.50 and there's no council tax

Yesterday

The days are getting shorter and the weather has turned cold. After the long, hot summer it's been especially hard to stomach the sudden transition into five months of dark, damp days.

Poundland owners break silence and vow to protect 'as many jobs as possible'

Yesterday

The discount retailer, whose thousands of staff have been left in the lurch as it waits to call in administrators, was bought by the US investment firm for less than £1 last November.

This rate hike was all too predictable - and worse will come. More rises would be nothing less than a hammer blow to the economy: HUGO DUNCAN

Yesterday

It will inevitably lead to higher mortgage and borrowing costs for millions, just as energy bills are rising. Families will be wondering what sort of Christmas they have in store.

Range Rover Evoque and Velar to be axed next year as new £90k electric GT becomes luxury brand's entry

Yesterday

Jaguar Land Rover has confirmed that the Evoque (pictured) and Velar will cease production in the middle of next year, paving the way for the Range Rover brand to move further upmarket.

What next for mortgage rates?

Yesterday

Mortgage rates remain a constant worry for both home buyers and households nearing the end of their current deal.

Bank of England raises interest rates for first time in three years: What the hike to 4% means for your mortgage and savings

Yesterday

Worries about an inflation spike and a potential energy price shock this winter have led the Bank to raise rates. Here's what it means for households.

Half of millennials banking on inheritance cash that might never arrive as retirees shift priorities

Yesterday

Younger generations expectations do not always match the reality of older people's retirement plans.

Tracker mortgage rates rise after Bank of England hike... here's why they're likely to remain more popular than ever

Yesterday

Once a niche product, trackers now account for a quarter of mortgage applications. Why the sudden interest - and could it save you money?

Are YOU heading for a bleak retirement and is your stingy employer to blame?

Yesterday

The generosity or otherwise of your employers during your working life is a key driver of whether you end up with a decent pension income.

The downsizing hotspots where homes cost as little as £130,000: Our guide to areas to explore... and avoid

Yesterday

This year's downsizers are shunning the traditional spots for the commuter belt and cheaper coastal settings.

Should you join the surge in people switching bank account? How to bag £300

Yesterday

Competition among banking providers has led to a huge number of switches in the third quarter of 2026. If you're not happy with your bank, should you switch too?

Is today's interest rate rise the first of many and can the Bank of England keep inflation in check? This is what economists say

Yesterday

There are concerns that higher inflation driven by the Middle East conflict and higher energy costs could become embedded in Britain's economy.

Asos faces hit of up to £8m from cyber attack putting a dent in its turnaround efforts

Yesterday

The retailer said the attack - which took place nearly a month ago and saw customers alerted to a breach through the Asos mobile app - had hit group sales by around 2 to 4 per cent in October.

Jaecoo's 'Temu Range Rover' tops UK sales charts for a second month in a row as its parent company plots 'becoming a British brand'

Yesterday

The Jaecoo 7 SUV is just 3,400 deliveries shy of the nation's best-selling new car in 2026, the Ford Puma. With just two months to go, Britain's most popular new model could be Chinese.

New first-time buyer scheme risks further house price inflation, warns Foxtons boss

Yesterday

Guy Gittins said extending the Your First Home scheme beyond new-builds would give first-time buyers more choice and 'avoid the price inflation seen under Help to Buy'.

The latest news