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Money latest: HSBC hiking mortgage rates tomorrow in 'hammer blow' to housing market - SKYNEWS

FEBRUARY 22, 2024

HSBC has announced it will reprice its mortgage rates upwards from tomorrow - following similar moves by Santander, Coventry and TSB this week. Read this and more in the Money blog, your place for consumer and economic news - and comment on any of the stories we're covering below.

MARKET NEWS

December 06 UK House Prices Jump Most in Over Two Years, Halifax Says - BLOOMBERG December 06 UK house prices surge in November as market gains steam, Halifax says - REUTERS December 05 UK firms trim wage growth expectations, BoE survey shows - REUTERS December 05 Canary Wharf Gets Green Light From Bondholders for New Debt - BLOOMBERG December 04 UK Businesses Narrowly Avoid Contraction, Revised PMI Shows - BLOOMBERG December 04 BOE’s Bailey Signals Expectation of Four Rate Cuts Next Year - BLOOMBERG December 04 Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools - CNBC December 04 UK annual house price growth strongest in two years, Nationwide says - REUTERS December 04 BoE's Bailey sticks to 'gradual' script for rate cuts - REUTERS December 03 UK Mortgage Approvals Rose Again Ahead of Labour’s Budget - BLOOMBERG December 03 Shift to new UK job market survey may be delayed to 2027, ONS says - REUTERS December 03 UK house prices rise at fastest pace in two years - YAHOO FINANCE December 02 UK Home Prices Rise by Most Since March 2022, Lender Says - BLOOMBERG November 28 UK Launches Crackdown on Firms Exploiting Migrant Workers - BLOOMBERG November 25 BoE's Lombardelli worries over above-forecast inflation, backs gradual rate cuts - reuters November 22 UK Energy Bills to Rise in Sign of Continuing Inflation Risk - BLOOMBERG November 22 UK Retail Sales Fell More Than Expected Amid Budget Anxiety - BLOOMBERG November 21 UK factories see signs of recovery in output, CBI says - REUTERS November 21 UK’s FCA Weighs Giving Banks More Time for Car-Loan Complaints - BLOOMBERG November 21 Higher UK borrowing shows scale of task facing Reeves - REUTERS November 20 UK Gas Sees Biggest Premium Over European Benchmark Since 2021 - BLOOMBERG November 20 UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts - REUTERS November 20 UK Inflation Uptick Bolsters Bank of England Caution on Rates - BLOOMBERG November 19 BoE's Taylor says 4 rate cuts by end of 2025 would be gradual - REUTERS November 19 UK Home-Sellers Offer Large Discounts After Budget Disappoints - BLOOMBERG November 18 UK must 'rebuild relations' with EU post-Brexit, says Bank of England's Bailey - YAHOO FINANCE November 18 UK Inflation Hiccup May Buttress Case for BOE Caution - BLOOMBERG November 15 Pound Erases This Year’s Advance as Dollar Rally Gains Momentum - BLOOMBERG November 15 UK economy ekes out 0.1% growth in the third quarter, below expectations - CNBC November 15 Sterling heads for worst weekly performance since January - REUTERS

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