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House prices edge higher as signs mortgage rates will fall

House prices edge higher as signs mortgage rates will fall
Dec 1,2023 5:01 am

... But its chief economist warned it would be unrealistic to expect a Big Drop in rates and that it would take time...

Bankers' bonus cap scrapped allowing return of bumper rewards

Bankers' bonus cap scrapped allowing return of bumper rewards
Oct 30,2023 10:21 pm

... " People will remember the days before the bonus cap, when people got five, six times their salary, " she said, levels that wouldn t be returning without a Big Drop in base salaries, meaning firms would need to engage in some urgent " management expectation"...

Is China's economy a 'ticking time bomb'?

Is China's economy a 'ticking time bomb'?
Aug 30,2023 9:31 pm

... It is a Big Drop off, but still much higher than the economies of the US, the UK and most European countries...

Red phone boxes put up for adoption for £1

Red phone boxes put up for adoption for £1
Aug 18,2023 2:40 am

... Big Drop in payphone calls There are currently about 20,000 working payphones remaining across the UK, some 3,000 of which are in traditional red kiosks, BT said...

Spain's conservatives miss out on all-out victory as left celebrates

Spain's conservatives miss out on all-out victory as left celebrates
Jul 23,2023 7:21 pm

... Vox remains the third biggest party, with the support of three million of Spain s 37 million voters, but not significantly ahead of Sumar and with a Big Drop in seat numbers...

Government borrows less than expected in June

Government borrows less than expected in June
Jul 21,2023 3:01 am

...The government borrowed less than expected in June, helped by higher tax receipts and a Big Drop in debt interest payments...

Budget dresses up stagnation as stability, Keir Starmer says

Budget dresses up stagnation as stability, Keir Starmer says
Mar 15,2023 12:30 pm

... The Office for Budget Responsibility (OBR) is also warning of a Big Drop in living standards, which it says will not recover to pre-pandemic levels until at least 2027...

‘I've got nothing': A day with a debt helpline

‘I've got nothing': A day with a debt helpline
Oct 21,2022 10:01 pm

... " If you ve gone from earning £1,500 a month to £96 a week, that s a Big Drop, " Lynsey says...

Government borrows less than expected in June

Mar 14,2022 3:21 pm

The government borrowed less than expected in June, helped by higher tax receipts and a Big Drop in debt interest payments.

Borrowing - The difference between spending and tax Income - Fell to £18. 5bn, according to The Office for National Statistics (ONS).

It is £400m lower than last June and below predictions by The government's independent forecaster.

But The ONS said borrowing is still The third highest for June on record.

The Office for Budget Responsibility had expected public borrowing to reach £21. 1bn. Meanwhile, The ONS said that borrowing for April and May had been revised down by £7bn.

Ruth Gregory , deputy chief UK economist at Capital Economics, said that Chancellor Jeremy Hunt " now looks likely to have a little more wiggle room in The Autumn Statement to fund a few pre-election giveaways".

But she added: " With The full upward impact on borrowing from higher interest rates and weaker GDP growth still coming down The Line , we continue to think any package of pre-election net tax cuts will probably need to be modest or swiftly reversed. "

Mr Hunt said it was important to " avoid reckless spending".

" Now More Than ever we need to maintain discipline with The Public finances, " He Said .

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Source of news: bbc.com

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