
UK mortgage interest rates will rise four times this year, markets predict
Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran war
The Guardian
UK banks keep £100 limit for contactless card payments despite FCA scrapping it
Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now
The Guardian
New mortgages up by £800 a year amid ‘Trumpflation’ from Iran war
Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says Moneyfacts
The Guardian
UK housing costs rise 41% over five years for renters and owners, study shows
Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise
The Guardian
How will war in the Middle East affect your finances?
Surging energy prices and tumbling stock markets are threatening a new UK cost of living crisis
The Guardian
‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year
Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says Cifas
The Guardian
British fintech Revolut gets full banking licence
Group lodged application in 2021 but had to overcome accounting issues and reputational concerns
The Guardian
Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis
More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022
The Guardian
‘Mainly, you fast fooded’: Monzo under fire over ‘shaming’ year-end reviews
Bank criticised for tone of spending summaries, with one user complaining to ombudsman over ‘humiliating’ use of data
The Guardian
Premium bonds: odds of a win to get worse from April
Likelihood of winning to decrease after NS&I cut the proportion of the total invested amount paid out in prizes
The Guardian