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Tag Result: Recession

UK economy dodges recession but ‘is in worse shape than previously thought’

The UK economy isn’t in recession just yet as revised GDP figures reveal 0.2% growth in ...

  • Sep 30, 2022
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House prices to drop 4.5 per cent next year ‒ CEBR

The average property will see its price drop by around 4.5 per cent next year, a new repor...

  • Sep 20, 2022
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What brokers have learned 30 years on from ‘Black Wednesday’ – Phillips

Those of a certain age will struggle to forget the 16 September 1992. It was one of the mo...

  • Sep 16, 2022
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Chancellor planning to scrap bankers’ bonus cap – reports

Chancellor Kwasi Kwarteng (pictured) is reportedly planning to scrap the cap on the bonuse...

  • Sep 15, 2022
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Homebuyer enquiries plummet as stock falls to all-time low – RICS

The average number of homes for sale per estate agent branch has fallen to a record low an...

  • Sep 08, 2022
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Defaults set to rise as higher living costs pressure household finances, Bank of England warns

There could be an increase in defaults over the coming months as rising interest rates and...

  • Sep 07, 2022
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Annual house price growth up 10 per cent in August but starting to slow down ‒ Nationwide

The average house price in the UK rose 10 per cent year on year to £273,751 in August, de...

  • Sep 01, 2022
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UK ‘perilously close to a recession’ as weak GDP recorded

The UK’s Gross Domestic Product (GDP) is estimated to have fallen by a weaker-than-expec...

  • Jun 13, 2022
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Self-employed twice as likely to be rejected for a mortgage – TML

Self-employed (SE) individuals are twice as likely to be rejected for a mortgage compared ...

  • May 25, 2022
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Slow climate action would lead to ‘significant mortgage impairments’ ‒ BoE

If action to help the UK meet ‘net zero’ is taken too late, it could result in “sign...

  • May 24, 2022
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