Homeowners would ‘welcome relief’ from interest rate cuts, says Reeves
Chancellor’s words came as UK economy grew 0.4pc in May, beating expectations
![Homeowners would 'welcome relief' from interest rate cuts, says Reeves](https://cdn.statically.io/img/www.telegraph.co.uk/content/dam/business/2024/07/11/TELEMMGLPICT000385192683_17207198245990_trans_NvBQzQNjv4BqpVlberWd9EgFPZtcLiMQf0Rf_Wk3V23H2268P_XkPxc.jpeg?imwidth=350)
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Chancellor’s words came as UK economy grew 0.4pc in May, beating expectations
Banks are expected to offer lower returns to savers following imminent interest rate cuts
Home loan cuts raise hopes interest rates will fall as early as August
Sales remain below the 10-year average with cash-buyers dominating purchases
Even the cheapest mortgage deals are likely to mean higher monthly bills
Interest rates are expected to fall for the first time since 2021
Interest rates may start to fall as inflation drops to Bank of England’s 2pc target
Threadneedle Street is unlikely to cut rates this week despite inflation falling to 2pc
Prime Minister claims economy has ‘turned a corner’ as consumer prices index hits three-year low
Tens of billions of pounds lost as Threadneedle Street unwinds quantitative easing programme
Farage can spout whatever nonsense he likes, confident that he won’t be tested on it in practice
Does the Reform leader’s policy offer an attractive option for a cash-strapped country?
Former Labour leader calls for overhaul on Bank of England’s interest payments
Ex-PM’s proposal to save £3bn a year risks a backlash on homeowners
If Threadneedle Street fails to deliver soon Britain’s recovery risks being snuffed out
Neither party seems able to solve the crisis shadowing UK’s ‘gangbusters’ economy
Placing our trust in piles of PhDs and institutionalised processes is misguided
Reform wants to stop interest payments on commercial deposits to save taxpayers huge sums
Legacy of QE programme to hit taxpayers after election, warns Goldman Sachs
Bank of England risks missing the boat as Europe turns a corner
Uptake of variable-rate scheme is anticipated to rise as Bank Rate is set to fall
Just-released £5, £10, £20 and £50 polymer notes are the first featuring the Monarch
Share tip: what rate cut predictions mean for your stock market portfolio