Category : Search result: indexation rates


CBA deals crushing blow to mortgage holders

Australia's largest lender Commonwealth Bank warns of significant mortgage pain ahead as interest rates are predicted to climb, leaving homeowners facing financial strain.

Centrelink Cash Boost for Millions Starts Tomorrow

Millions of eligible Australians will see a significant increase in their Centrelink payments starting tomorrow, as the federal government's indexation changes come into effect. Here's who qualifies and how much extra you'll receive.

Bank of England Holds Interest Rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Discover the immediate impact on mortgages, savings, and the UK housing market amidst ongoing inflation concerns.

Premium Bonds Beat Bond Market Bullies

Exclusive analysis reveals how National Savings & Investments' Premium Bonds are defying financial giants and complex markets, offering a compelling, accessible alternative for UK savers seeking security and the chance of tax-free wins.

NatWest and RBS Slash Fixed Mortgage Rates

In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.

Centrelink Boost: Major Payment Increases for Aussies

Millions of Australians receiving Centrelink support are set for a significant income boost from next month, with indexation increases to Age Pension, JobSeeker, and other key payments. Discover how much more you'll get and when it arrives.

Rachel Reeves pledges business rates freeze and overhaul

Shadow Chancellor Rachel Reeves announces Labour's plan to overhaul business rates, freeze the multiplier, and increase the threshold for small business relief, aiming to revitalise Britain's struggling high streets.

UK Population Decline: The Coming Demographic Crisis

Exclusive investigation into the UK's looming population collapse. Discover why birth rates are plummeting, the economic timebomb this creates, and what policymakers aren't telling you about our demographic future.

UK Savings Crisis: Average Easy Access Rate Plummets

Exclusive analysis reveals a growing savings gap in the UK, with high street banks offering paltry returns while the best easy-access deals deliver 25 times more interest. Discover why loyal customers are losing out.

FCA Warning: Banks Failing Savers on Interest Rates

Exclusive: The Financial Conduct Authority has uncovered a major failure by UK banks to pass on interest rate rises to savers, disproportionately harming vulnerable and older customers. Discover the findings and what it means for your money.

UK House Prices See Sharpest Annual Drop Since 2011

New data from Nationwide reveals UK house prices fell by 5.3% annually in December 2023, marking the most significant decline in over a decade as higher mortgage rates continue to dampen the property market.

Mortgage crisis as interest rates keep rising

With the Bank of England hiking interest rates yet again, homeowners on variable mortgages face steep repayments while savers see little benefit. Here’s what it means for you.

Australian Bank Hikes Mortgage Rates

A leading Australian bank has confirmed an increase in mortgage rates, adding financial pressure to homeowners. Find out the details and how this could affect you.

UK mortgage rates hit 10-month low

Mortgage rates in the UK have dropped to their lowest level in ten months, offering relief for homebuyers and those looking to remortgage. Find out how this could impact the property market.

UK's North-South wealth gap revealed in new study

A new study reveals stark economic disparities between the UK's regions, with the South East leading in prosperity while the North East lags behind. Discover how your area fares in wealth, employment, and quality of life.

Bank of England holds rates at 5.25% amid inflation concerns

The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press

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