by Taryn Johnston | Sep 26, 2022 | Mortgages
The Chancellor plans to cut income tax and stamp duty in order to boost growth. In last week’s mini-budget, Chancellor Kwasi Kwarteng announced a series of measures designed to stimulate economic growth. Among these are tax breaks for businesses and increased...
by Taryn Johnston | Sep 16, 2022 | Mortgages
The Bank of England could raise the base rate from 1.75 per cent to a peak of 4 per cent next year, according to a leading economic consultancy. A “potentially huge fiscal expansion” will force the Bank of England to raise interest rates to a peak 4 per cent next...
by Taryn Johnston | Apr 14, 2021 | Mortgages
The current Bank of England base rate of 0.1 per cent is expected to remain unchanged until 2025, Capital Economics predicted. The consultancy’s latest UK housing market update concluded this would combine with other low-rate scenarios across the mortgages sector. ...
