Category : Search result: fixed rate cuts


UK Job Cuts Hit Fastest Rate Since Pandemic

Private sector employment fell 1.8% in November, the sharpest drop since July 2021. The Bank of England's survey points to a December interest rate cut amid rising inflation expectations. Read the full analysis.

Nationwide Cuts Mortgage Rates to 3.58%

Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.

£150 Energy Bill Cut for Fixed Tariffs from 2026

The Labour government confirms a £150 annual energy bill reduction for all households in England, Scotland, and Wales from April 2026, including those on fixed tariffs. Ministers pressure suppliers to pass on savings.

Switch Energy Supplier Now to Save Over £200

Customers of British Gas, OVO, E.ON, and Octopus can save £228 a year by switching. New fixed deals from Ecotricity and others offer significant savings as wholesale prices fall. Act now to lock in cheaper winter bills.

Pre-Christmas Rate Cut Likely as Mortgage Rates Fall

The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.

DWP Scraps PIP Car Perk in Labour Budget

Chancellor Rachel Reeves axes Motability Scheme for PIP claimants, calling it an 'easy win'. Critics warn cuts target the vulnerable. Read the full story.

1 Million UK Households Now Paying 45% Tax Rate

Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.

Mobico slashes jobs in major cost-cutting drive

Mobico, owner of National Express, announces job cuts and lower profit forecasts. Shares initially fell 14% as the firm tackles UK coach competition and falling bus passenger numbers.

Martin Lewis Names Cheapest Energy Tariffs

Money expert Martin Lewis identifies the cheapest fixed energy tariffs from Octopus, Eon and EDF as bills are set to rise again in January. Discover how to save over 10% on your energy costs.

Universal Credit disability payments cut for new claimants

New Universal Credit rules will slash disability top-up payments by nearly 50% for new claimants from April 2026, creating a two-tier system. Critics call the changes 'unfair' and 'poorly designed'. Learn how this affects you.

Unilever proposes 50 job cuts in Wirral

Unilever confirms plans to cut around 50 roles at its Port Sunlight factory in Wirral to 'maximise efficiencies'. Read the full story on the proposed redundancies.

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