Take mortgages. In the early 2000s, more than seven out of 10 residential mortgages were on variable or tracker rates, immediately impacted by rate hikes. Today, it’s 15% of homeowners. Even adding in the 1.8 million who are re-mortgaging this year, means it’s still, contrary to a couple of decades ago, the minority of mortgage holders who will be affected.
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Smart motorways: How safe are they?
admin, , Business, 0
The technology behind England’s smart motorway network stops working on a regular basis, the BBC has discovered. Figures obtained...
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Nissan to lead £2bn investment in UK electric car plant
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Lei Zhang, chairman of AESC, said the firm had launched a feasibility study on expanding its gigafactory operations in...
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Rental market unusually uncertain, Nationwide says
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“As well as the enormous uncertainty surrounding the near-term path for the economy, there is also scope for the...
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Sports Direct’s Mike Ashley to hand reins to future son-in-law
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“I looked at Flannels and thought it could be so much bigger than it was,” Mr Murray said in...
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Ngozi Okonjo-Iweala set to be first African boss of WTO
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After nearly six months without a leader, the World Trade Organization looks set to appoint Nigeria’s Ngozi Okonjo-Iweala as...
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No need to swap data for drinks, says privacy body
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“I think it’s too easy to upload an app and straight away put your name, email address, payment details...
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Travel rule changes ‘positive’, say airlines
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“Based on our bookings already today, I would expect this weekend to be the biggest of the year so...
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Facebook agrees to pay France €106m in back taxes
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Image copyright Getty Images Facebook has agreed to pay the French government €106m (£95.7m) in back taxes to settle...
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