£75k earners face 60% effective tax rates
New analysis reveals how middle-income professionals face crippling effective tax rates as frozen thresholds create stealth tax raid on salaries above £75,000.
Category : Search result: mortgage rates
Mortgage market clash: Brokers vs building societies
A fierce debate erupts between mortgage brokers and building societies as new research reveals growing tensions over lending practices and market access.
Businesses urge Reeves to force bank rate cuts
UK businesses urge Chancellor Rachel Reeves to intervene as banks fail to pass on Bank of England rate cuts to struggling enterprises across Britain.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% for the sixth consecutive meeting as inflation concerns persist, with Monetary Policy Committee members divided on future direction.
UK Homebuyers Can Borrow 6 Times Salary
Major UK lenders including Halifax and Nationwide are dramatically increasing mortgage borrowing limits, offering hope to first-time buyers and those moving up the property ladder in a competitive housing market.
Birmingham's recycling rates fall to among worst in England
New government data reveals Birmingham's recycling performance has worsened for the second year running, with the city now ranking among England's worst performers in waste management.
Santander cuts savings rates in blow to customers
High street banking giant Santander announces significant cuts to popular savings accounts, leaving customers facing reduced returns amid ongoing cost of living pressures.
Wolves Manager Hunt: Analysing Candidates' Win Rates
As Wolves search for Gary O'Neil's successor, we break down the surprising win rates of leading contenders including Julen Lopetegui and Roberto De Zerbi in the Premier League.
West Midlands Driving Test Pass Rates Revealed
Exclusive data reveals shocking disparities in driving test success rates across West Midlands test centres, with some locations seeing fewer than one in three learners pass their practical exam.
UK unemployment set to hit 4.2% in 2024
New analysis reveals UK unemployment is forecast to rise significantly to 4.2% by mid-2024, with the Bank of England's interest rate hikes creating challenging conditions for businesses and job seekers alike.
Nationwide: £200 Switch Bonus & 5.5% Savings Rate
Nationwide launches a double financial boost for savers - a £200 switching incentive plus a competitive 5.5% savings rate for qualifying members. Discover how to maximise your money in the current economic climate.
40s-50s households face worst financial squeeze in UK
Exclusive research reveals households aged 45-54 are battling the worst financial pressure in the UK, with energy bills and mortgage costs creating a perfect storm.
New State Pension Rates Revealed for 2025
Millions of pensioners across the UK are set for a significant income boost next year as the full breakdown of new State Pension rates is officially confirmed. Discover exactly how much more you'll receive from April 2025.
Lloyds Bank slashes credit card interest rates
Millions of Lloyds Banking Group customers to benefit from significant APR reductions on credit cards as bank responds to cost of living pressures.
London taxi fares set for major price increase
London taxi passengers face significant fare increases as TfL approves higher rates for black cabs amidst ongoing cost of living pressures.
DWP Minister's Major Universal Credit Update Revealed
Exclusive: DWP minister Mims Davies reveals crucial update on Universal Credit payments and confirms timeline for annual benefit rate review affecting millions.
Expert Warns UK Investors Over Mortgage Rate Changes
Financial experts warn UK property investors of imminent mortgage rate changes that could significantly affect investment returns and rental market dynamics.
Middle Class UK Families Sleepwalking Into Crisis
Shocking new research reveals middle-income families are facing unprecedented financial pressure, with many unaware of the looming crisis despite earning substantial salaries.
UK House Prices Defy Expectations with Surprise June Rise
UK house prices unexpectedly rose in June 2024, with average property values increasing to £266,064. Discover the latest market trends and what this means for buyers and sellers across Britain.
UK House Prices Defy Expectations with Annual Rise
New data reveals UK house prices have shown unexpected resilience with a 0.1% annual increase in March, while mortgage approvals hit 17-month high. Discover the latest market trends and regional variations.
Mortgage crisis: 8M households face £1,800 payment hikes
Shocking new analysis reveals nearly 8 million UK households will see mortgage payments surge by average £1,800 annually, creating a 'perfect storm' for family finances.
Barclays & Leeds Building Society Forge Mortgage Deal
In a landmark move set to transform the mortgage landscape, Barclays Bank and Leeds Building Society have announced a significant new partnership that will expand lending options for borrowers across Britain.
Mortgage Shock: Thousands Priced Out of Housing Market
Exclusive research reveals how soaring mortgage costs are shutting out thousands of West Midlands homebuyers, even those earning above-average wages. Discover which areas have become unaffordable.
Labour Plans Business Rates Overhaul to Save High Streets
Shadow Chancellor Rachel Reeves announces radical reform of 'broken' business rates system to save struggling shops and create level playing field for British businesses.
Birmingham Mortgage Firm Collapses After £20M Lending
A Birmingham-based mortgage firm has ceased trading after approving over £20 million in loans, leaving hundreds of borrowers in limbo and raising serious questions about financial regulation.
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