Tag: Bank of England

Mortgage Rates Plunge: The Unexpected Reason UK Lenders Are Competing for Your Business

Real Estate Wasana Nadeeshani - April 26, 2025

Commonwealth_ A growing number of mortgage lenders in the United Kingdom are slashing their rates as global economic uncertainty...

Stop the Bleeding!’ Poilievre Slams Carney and Vows to Slash $130B Liberal Spending Spree

Lead_Story Wasana Nadeeshani - April 22, 2025

Commonwealth_ As the federal election campaign nears its final week, Conservative Party of Canada leader Pierre Poilievre made a...

More Cuts Coming? What Falling Interest Rates Could Mean for Your Wallet

Europe Hafsah Zuhar - April 17, 2025

(Commonwealth_Europe) Speculation is building around the likelihood of further interest rate cuts by theBank of England later this year....

Poilievre Closes In! Is Carney’s Early Momentum Fading Just Weeks Before the Vote?

Canada and Caribbean Wasana Nadeeshani - April 16, 2025

Commonwealth_ As Canada approaches its federal election on April 28, 2025, recent polling data indicates a tightening race between...

Stamp Duty Deadline Looms—But Is Now the Best Time to Buy?

Real Estate Wasana Nadeeshani - March 21, 2025

(Commonwealth)_ Homebuyers in England who miss this month’s stamp duty deadline will benefit from the highest property choice in...

Carney vs. Poilievre: The Battle for Canada’s Future Begins!

Canada and Caribbean Ishini Dabare - March 10, 2025

Mark Carney has been chosen as the new leader of the Liberal Party of Canada, succeeding Justin Trudeau, who...

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Biggest Job Cuts in Years! What’s Behind the UK’s Workforce Shrink?

Lead_Story Hafsah Zuhar - March 10, 2025

(Commonwealth_Europe) Service companies experienced a notable reduction in staff levels, marking the fastest pace of job cuts since 2020,...

UK Inflation Skyrockets to 10-Month High: Bank of England’s Interest Rate Cuts in Jeopardy!

Commonwealth Business Hafsah Zuhar - February 20, 2025

(Commonwealth_Europe) Inflation in the U.K. reached a 10-month high in January, according to official data released on Wednesday. This...

Inflation Nightmare: Why UK Prices Are Climbing Again

Europe Hafsah Zuhar - February 17, 2025

((Commonwealth_Europe) inflation is expected to have reached its highest level in 10 months in January, continuing a resurgence in...

The UK Housing Market Bounces Back: Why 2025 Could Be a Game-Changer

Real Estate Wasana Nadeeshani - December 22, 2024

(Commonwealth_ The UK housing market has faced a turbulent few years, largely shaped by economic policies and global economic...

UK property market indicates a resurgence of growth for 2025

Real Estate Wasana Nadeeshani - December 7, 2024

(Commonwealth_ UK property prices have surged for the fifth consecutive month, with Halifax reporting a 1.3% month-on-month rise in...

Pound Euro unchanged after England Bank’s rate hold

Commonwealth Business Suraj Atapattu - September 23, 2024

UK (Commonwealth) Following the most recent interest rate decision by the European Central Bank (ECB), the pound euro (GBP/EUR)...

End of recession

Commonwealth Business Suraj Atapattu - March 14, 2024

UK (Commonwealth) _The economy of Britain recovered in the beginning of the year, based on data that points to...

Insolvencies in Wales and England Hit 30-Year High

Commonwealth Business Suraj Atapattu - January 31, 2024

UK (Commonwealth) _ According to official data, last year witnessed the highest number of company insolvencies in England and...

Nearly 50,000 British businesses are on the brink of collapse

Commonwealth Business Suraj Atapattu - January 23, 2024

UK (Commonwealth) _Due to a "debt storm" fueled by rising interest rates, over 47,000 British firms are in danger...

British Homeowners Claim £19 Billion Increase in Mortgage Expenses

Real Estate Wasana Nadeeshani - January 12, 2024

(Commonwealth) _ Millions of homeowners are bracing for a £19 billion surge in mortgage costs as an increasing number...