Insurance stocks you can explore in October

Several banks have withdrawn offers on mortgages amid concerns of another interest rate hike by the Bank of England.

Following Thursday’s rate hike, an average buyer getting a £300,000 home with a £280,000 mortgage would have to pay £65 additionally per month.

It has been quite some time since City bosses have been complaining about the bonus rules.

Highlights:,With the Bank of England raising interest rates for six months in a row, mortgage lending saw a slight decline in July.,The fall hints at people postponing their plans to buy a property due to the high mortgage rates.,The Bank of England (BoE)...

Highlights:,To attract more customers, high street banks are offering up to £175 to people for switching their current accounts.,This comes as people are struggling with the high cost of living and looking for ways to save more money.,The,cost-of-living c...

Highlights:,The Bank of England has been raising interest rates to bring inflation control.,However, lenders are raising their mortgage rates faster than the central bank is hiking the interest rates.,The Bank of England (BoE) has been,raising the interes...

Highlights:,Amid the cost of living crisis, a huge number of Brits availed the Buy Now Pay Later credit system last year.,The usage was more prominent in the 34-44 age group, the latest data from UK Finance shows.,The,cost-of-living crisis,has taken a mas...

Highlights:,Fraudsters are finding new ways to commit scams, leading to a rise in financial crimes.,The UK now stands second in Europe in terms of the money lost in credit card frauds.,Consumer habits have changed since the COVID-19 pandemic forced people...

Reducing interest rates might not help the current students coming from poorer households.

Highlights:,Credit card interest rates have reached the highest levels in 24 years, as per comparison site Freedom Finance.,This comes after a series of interest rate hikes from the Bank of England to curb inflation.,Rising,inflation,and the cost of livin...