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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

July 09 Bank of England relaxes mortgage lending rules to help boost growth - REUTERS July 09 Bank of England sees ongoing financial stability risks from global tensions - REUTERS July 09 Buying bonds didn’t boost economy, admits Bank of England - THE TELEGRAPH July 09 Monzo slapped with £21m fine by City regulator - CITY.A.M July 09 UK golden visa would open floodgates to dirty money, Reeves warned - THE TELEGRAPH July 09 UK firms lose taste for US investment, Deloitte survey shows - REUTERS July 09 Major bank fined £21m after allowing customers to register from Buckingham Palace and... (read more) July 09 UK banks can increase riskier mortgage lending, BoE says - REUTERS July 09 Bank of England sees ongoing financial stability risks from global tensions - REUTERS July 07 Housing market stalls amid jobs slowdown - THE TELEGRAPH July 01 UK house prices fall in June after stamp duty holiday ends - YAHOO FINANCE July 01 Migration madness as UK left with 6.5m-home shortage due to crossings - DAILY EXPRESS July 01 UK food prices push up shop price inflation for first time in nearly a year - REUTERS July 01 UK house prices fall by most since November 2022, Nationwide data shows - REUTERS July 01 UK budget forecasters say they have been too upbeat, posing a risk for Reeves - REUTERS July 01 BoE's Bailey stresses weakening labour market, hit to economy from uncertainty - REUTERS June 30 UK economy grew at fastest pace in a year in the first quarter before expected slowdo... (read more) June 30 UK economy grew 0.7% in first quarter of the year - YAHOO FINANCE June 30 UK economy grew at fastest pace in a year in Q1, statistics office says - June 26 Struggling UK stats office to split leadership, focus on core data - REUTERS June 26 'Britain has gone to hell': UK’s ninth richest man moves business out of London - THE STANDARD June 25 Stagflation fears grow as Andrew Bailey warns Middle East crisis could complicate fut... (read more) June 25 Bank of England's Ramsden sees risks from job market slowdown - REUTERS June 25 Bank of England in 'uncomfortable place' with inflation, says rate-setter - YAHOO FINANCE June 25 Bank of England governor says interest rates path is 'still downwards' - YAHOO FINANCE June 24 Middle East crisis clouds outlook for interest rates: Bailey sounds alarm amid stagflation fears June 24 Bank rate-setter in ‘uncomfortable place’ amid worries over stubborn inflation - P.A.MEDIA June 22 British Airways Gulf flights cancelled and diverted after Trump strikes Iran and tens... (read more) June 22 British business risks being ‘sleepwalked into disaster’ by workers’ rights bill - CITY.A.M June 22 Gloom grows in UK boardrooms as bosses lament 'hostile' economy - THIS IS MONEY

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