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Money latest: HSBC hiking mortgage rates tomorrow in 'hammer blow' to housing market - SKYNEWS

FEBRUARY 22, 2024

HSBC has announced it will reprice its mortgage rates upwards from tomorrow - following similar moves by Santander, Coventry and TSB this week. Read this and more in the Money blog, your place for consumer and economic news - and comment on any of the stories we're covering below.

MARKET NEWS

December 22 UK economic slowdown in third quarter confirmed – ONS - THE TELEGRAPH December 18 Blow to savers as banks cut interest rates - THE TELEGRAPH December 17 Inflation plunge means recession might be around the corner - THE TELEGRAPH December 17 Will interest rates go down tomorrow? Bank of England’s key factors and 2026 predicti... (read more) December 17 Britain risks ‘explosion’ in national debt - THE TELEGRAPH December 17 Christmas inflation sets in with price hikes on turkey and chocolate - YAHOO FINANCE December 17 UK inflation falls by more than expected to 3.2%, adding to case for interest rate cu... (read more) December 13 UK economy unexpectedly contracts by 0.1% in October ahead of budget - YAHOO FINANCE December 13 As GDP shrinks, it is not clear where the economic jump-start will come from - SKY NEWS December 13 The warning signs that Britain is heading for recession - THE TELEGRAPH December 10 UK visa restrictions to wipe £10.8 billion from economy, says Home Office assessment ... (read more) December 09 Why half a million state pensioners may start paying income tax after the budget -... (read more) December 09 Bank of England hunts for ‘cockroaches’ in $11tn shadow banking market - THE TELEGRAPH December 08 Bank of England warns staff over job cuts - THE TELEGRAPH December 08 Lenders fire up mortgage wars as rates touch 3.5% in big boost to buyers and owners ... (read more) December 08 Banks seek new revenue channels as FX gains fade - PUNCH December 08 Britain heading for debt crisis, warns economist - THE TELEGRAPH December 04 Reeves triggers ‘havoc’ in the stock market as investors pull record £10bn - THE TELEGRAPH December 03 Bank of England sounds alarm as foreign hedge funds snap up UK debt - THE TELEGRAPH November 28 Exodus as young workers flee high-tax Britain - THE TELEGRAPH November 27 Big investors welcome more headroom in UK budget, fret over long-term uncertainties - REUTERS November 27 Income tax stealth raid drags one million into higher rate - THE TELEGRAPH November 27 UK to raise billions by cutting salary sacrifice pensions perk, OBR says November 24 Why over 100,000 homes could be hit with £4,500 council tax increase - YAHOO FINANCE November 24 One of Britain’s richest men quits the UK - THE TELEGRRAPH November 20 Britons flee country in record numbers ahead of Reeves tax raids - THE TELEGRAPH November 20 UK inflation cools to 3.6% in October, boosting chance of a Christmas rate cut - REUTERS November 19 UK house price rises slow in year to September - REUTERS November 14 British government bonds, stocks and sterling slide as budget rumours swirl - REUTERS November 11 Unemployment rate hits highest outside Covid years for almost a decade - P.A.MEDIA

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