Finance News – Price Growth
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Soaring stamp duty costs dampen house price growth
Rising transaction fees have constrained the increase in property values despite a notable rise in purchase activity and stronger buyer interest over the past year.
Read Full Article →Pressure on Bank of England and Reeves as inflation spikes
The recent increase in consumer prices to 3.6 percent has raised concerns about the feasibility of reducing interest rates, potentially influencing upcoming monetary policy decisio...
Read Full Article →High inflation ‘not sufficient’ to scupper Bank of England interest rate cuts
Despite ongoing price increases exceeding the central bank’s target, economists suggest that the Bank of England is likely to proceed with lowering interest rates to support econom...
Read Full Article →Why we don’t move house anymore
Elevated expenses associated with buying and selling properties have reduced mobility, making the housing market rely heavily on increasing home values to maintain economic activit...
Read Full Article →Interest rate cuts need to slow down to curb inflation, says Huw Pill
The Bank of England's chief economist cautioned that reducing interest rates too quickly could accelerate price increases, emphasizing the need for a more cautious approach to mana...
Read Full Article →Bank of England cuts interest rate in split decision
The reduction in borrowing costs by the Bank of England may influence economic activity by potentially lowering loan expenses and affecting inflation expectations amid ongoing glob...
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