Tag: interest rates

According to the latest Quick Move Now figures, 28.8% of residential property transactions were terminated in 2024, despite the overall buyer demand being 20% higher as of 26 December 2024 than the same day in 2023. Such figures naturally engender the following question: what is causing property transactions to fall? Given that market conditions have...

Despite winning the largest number of seats in parliament since 1997, Labour is confronted by growing public discontent. The most recent Ipsos poll revealed that Prime Minister Kier Starmer’s approval rating has dropped from 36% in July to 26% in November, one of the sharpest post-election approval declines since 1945. Of all the voting groups...

After almost three years of economic woes, things are finally beginning to ease. Leading the positive news is last week’s announcement that the Bank of England (BoE) has cut interest rates for the second time this year, as expected. As of 7th November, Policymakers at the BoE have opted to reduce interest rates to 4.75%...