Page 29 - Base Rate News Today

Average easy access savings interest rates have reached a 15-year high, but many savers still arent capitalising on the more competitive returns, an expert warns.

The Transport Authority has outlined how the new fare increase that is to take effect on Sunday, October 15 for route taxis is to be calculated. The rate is to go up by 19 percent. The transport regulator says this will see the base rate moving...

Hampshire Trust Bank has raised its position in the easy access savings market with its new online deal.

HDFC Bank has increased the benchmark marginal cost of funds-based lending rates (MCLR) by up to 10 basis points on select tenures. The bank has also hiked base rate by 5 bps and benchmark PLR by 15 bps. These rates are effective from September 25, 2023.

Pound to Dollar Forecast End-2024: 1.27 on Weak USD say MUFG

UK house prices fell for the sixth straight month in September as higher interest rates weighed on mortgage affordability, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed Friday.

UK house prices edged down by -0.4% on a monthly basis.

London stocks rose in early trade on Friday as investors mulled UK house price data and eyed the release of the latest non-farm payrolls report.

Rolling coverage of the latest economic and financial news, as UK house prices record biggest fall since 2009 on an annual basis

Monthly fall reported by Halifax was much less than August’s 1.8% decline