graemewearden
Mortgage turbulence continues as HSBC pulls deals; UK house prices ‘to fall 10%’ – business live
HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates
Graeme Wearden
09, Jun, 2023 @10:16 AM
Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live
Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession
Graeme Wearden
08, Jun, 2023 @2:14 PM
CBI members back reform package at extraordinary general meeting – as it happened
British businesses have given the CBI a vote of confidence as the lobby group takes steps to reform itself
Kevin Rawlinson (now) and Graeme Wearden (earlier)
06, Jun, 2023 @5:00 PM
Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened
Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015
Graeme Wearden
05, Jun, 2023 @2:23 PM
FTSE 100 posts biggest jump since March as US economy adds 339,000 new jobs – as it happened
US economy added more jobs than forecast last month, with March and April’s data revised higher too, but unemployment rate has jumped to 3.7%
Graeme Wearden
02, Jun, 2023 @3:45 PM
Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened
Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation
Graeme Wearden
01, Jun, 2023 @3:46 PM
British Land to drop out of FTSE 100 in reshuffle but Ocado survives
Developer hit by higher interest rates and 2022’s mini-budget but online retailer buoyed by stronger sales at M&S
Graeme Wearden
31, May, 2023 @6:49 PM
Mild recession forecast in UK, as trade deals with Australia and New Zealand worry farmers – as it happened
Higher borrowing costs and tighter lending will slow global growth sharply this year, Moody’s warns
Graeme Wearden
31, May, 2023 @3:12 PM
UK women ‘twice as likely to miss out on pensions auto-enrolment’
TUC says its study suggests one in 10 women have employers who do not have to enter them into a pension
Graeme Wearden
29, May, 2023 @7:01 AM
Tech stocks surge as wave of interest in AI drives $4tn rally
Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry
Graeme Wearden
26, May, 2023 @4:45 PM
Jeremy Hunt backs interest rate hikes even if they cause recession; UK retail sales jump – as it happened
Chancellor says “only path to sustainable growth” is to bring down high prices behind cost of living crisis, as mortgage rates climb
Graeme Wearden
26, May, 2023 @3:55 PM
Jeremy Hunt doesn’t rule out further energy bill support, after Ofgem lowers price cap; UK borrowing costs climb – as it happened
The average household energy bill will fall by £426 a year from July after Ofgem dropped its price cap following tumbling wholesale prices.
Graeme Wearden
25, May, 2023 @2:14 PM
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