BBCNEWS World July 5, 2024
if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15—year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates...