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31.07.26 - 10:00
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UK house prices up 0.1% in July as buyers remain cautious on interest rates (The Guardian)
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Price of an average home now £277,542, up from £277,484 the previous month but lower than in May, says NationwideBusiness live – latest updatesEconomic uncertainty dampened UK house price growth in July as prospective house buyers remained cautious about interest rates during the US war with Iran in what should be peak housebuying season.House prices rose by just 0.1% in July from a month earlier, according to the lender Nationwide, while annual price growth slowed to 1.8% this month, down from 2.2% in June. Continue reading......
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30.07.26 - 16:18
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Bank of England holds interest rates at 3.75% as inflation fears mount (The Guardian)
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Split vote comes as Iran war is rekindled and oil price climbs back above $90 a barrelBusiness live – latest updatesThe Bank of England has kept UK interest rates on hold as it warned that a further escalation in the Iran war could drive inflation above 4% next year, adding to cost of living pressures on households.Against a volatile backdrop in the Middle East conflict, the Bank's monetary policy committee (MPC) voted by six to three to keep its key base rate at the current level of 3.75%. Continue reading......
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30.07.26 - 15:00
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Only the Middle East crisis is preventing a drop in UK interest rates (The Guardian)
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Bank's wariness about inflationary pressures from the conflict lie behind decision to hold steady at 3.75%Business live – latest updatesThere is a threat of high inflation coming to the UK, but only from the conflict in the Middle East which could keep oil prices high for much longer than was expected when Donald Trump first began attacking Iran.It is the war that makes the difference between a benign outlook for inflation and one that puts it back on a rising trajectory, top UK central bankers believe. Continue reading......
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30.07.26 - 13:42
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ROUNDUP: Britische Notenbank tastet Leitzins nicht an (DPA-AFX)
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LONDON (dpa-AFX) - Die britische Notenbank hat ihren Leitzins wie erwartet stabil gehalten. Er liegt weiter bei 3,75 Prozent, teilte die Bank of England am Donnerstag nach ihrer geldpolitischen Sitzung in London mit. Bankvolkswirte hatten diese Entscheidung ......
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