Category : Search result: interest rate hike


Asian Markets Dive Following Fed's Hawkish Stance

Major Asian stock markets, including Tokyo's Nikkei and Hong Kong's Hang Seng, plunged sharply after US Federal Reserve signals dashed hopes for imminent interest rate cuts, mirroring a significant sell-off on Wall Street.

Broadband Loyalty Penalty Costs UK Customers £1.6bn

New Ofcom data reveals a staggering £1.6 billion loyalty penalty hitting broadband customers who don't switch. Discover why out-of-contract users pay up to 25% more and how to slash your bill today.

NS&I Slashes Premium Bonds Prize Fund Rate

NS&I has announced a cut to the Premium Bonds prize fund interest rate, reducing the odds of winning for millions of holders. Find out what this means for your savings.

US Jobs Market Cools in August as Hiring Slows

The latest US jobs report for August 2025 reveals a significant slowdown in hiring and a rise in unemployment, signalling a cooling labour market that could influence the Federal Reserve's next interest rate decision.

UK Beer Crisis: Pint Prices Set to Soar on Hops Shortage

British pub-goers face a bitter blow as a severe European hops shortage, worsened by extreme weather, threatens to push beer prices to record highs next summer. Brewers warn of a perfect storm of poor harvests and rising production costs.

Thames Water crisis deepens as Ofwat rejects 40% bill hike

Britain's largest water company, Thames Water, faces a deepening crisis after regulator Ofwat rejected its plea for a 40% bill increase. The decision raises the spectre of a temporary government takeover as the utility grapples with massive debt and urgen

42 UK Areas Face Maximum Council Tax Hike - Full List

Exclusive analysis reveals the 42 local authorities in England set to impose the maximum allowed Council Tax increase this April, as the cost of living squeeze intensifies for millions of households.

UK Mounjaro Shortage: Patients Stockpile Weight-Loss Jabs

Exclusive: A perfect storm of NHS price hikes and soaring demand for the 'miracle' drug tirzepatide triggers a national shortage, leaving thousands of diabetics and weight-loss patients in limbo. Fears grow as stockpiling begins.

Fertility rate in England and Wales hits record low

New figures from the Office for National Statistics show the fertility rate in England and Wales has hit its lowest level in nearly a century, with significant implications for future population trends and public policy.

UK Fertility Rate Crashes to Record Low for Third Year

Exclusive analysis of ONS figures reveals a deepening demographic crisis as the fertility rate in England and Wales hits a record low. Discover the economic pressures, shifting societal norms, and government policies behind the decline.

Emma Watson Hikes Saint-Tropez in Sheer Lace Dress

Emma Watson was spotted enjoying a scenic hike in Saint-Tropez, turning heads in a daring sheer lace dress. The Harry Potter star was accompanied by her hunky personal trainer for the sunny outing.

Fed Holds Rates, Signals Just One Cut in 2024

Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.

Streaming service hikes prices 33%, customers revolt

A leading UK streaming service has ignited a firestorm of customer anger after abruptly increasing its monthly subscription fee by a staggering 33%. Subscribers have taken to social media to blast the decision, with many declaring they are 'cancelling imm

Tesco Meal Deal Price Rises to £3.90 in Stores

Tesco shoppers face a new meal deal price increase, with the iconic £3.40 combo now rising to £3.90 in many stores. Discover which items are affected and how it compares to rivals.

UK Inflation Rises, Halting Bank of England Rate Cuts

UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.

UK Inflation Rises to 2.5%, Dashing Rate Cut Hopes

In a fresh blow to household budgets, UK inflation rose to 2.5% in April, driven by soaring energy bills and stubborn service costs. The surprise jump dashes hopes for an imminent Bank of England interest rate cut, prolonging the cost-of-living squeeze fo

Lloyds Bank offers 6.25% savings rate

Lloyds Bank has introduced a new savings account offering an impressive 6.25% interest rate. Find out if this limited-time deal is the right move for your money.

Horse racing strike looms over betting tax hike

The UK horse racing sector is planning unprecedented strike action in protest against the government's proposed increase in betting taxes, which could cripple the sport's finances.

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