Financial


 Mortgage approvals hit lowest since June 2020: Stocks to watch

Mortgage approvals hit lowest since June 2020: Stocks to watch

November 30, 2022 12:27 AM AEDT | By Abhishek Sharma

Highlights:,Latest data from the Bank of England has shown that mortgage approvals last month dropped by 10%.,This is the lowest number of approvals b...

 Three pension stocks to explore in December

Three pension stocks to explore in December

November 24, 2022 10:10 PM AEDT | By Abhishek Sharma

Highlights:,Several pension experts in Britain were shocked to see the "hidden" borrowing across the pension schemes.,As a result, cash-strapped pensi...

 Stocks to consider as mortgage rate slips below 6%

Stocks to consider as mortgage rate slips below 6%

November 23, 2022 12:40 AM AEDT | By Abhishek Sharma

Highlights:,Mortgage rates have been falling since Rishi Sunak took the country's top job.,Average five-year fixed-rate deals have now slipped below 6...

 Mortgage-related stocks to consider amid rising inflation

Mortgage-related stocks to consider amid rising inflation

November 17, 2022 01:22 AM AEDT | By Abhishek Sharma

Highlights:,Mortgage rates have stabilised after Rishi Sunak became the PM, but rising inflation is expected to push them up once again.,The Bank of E...

 4 Banking stocks to watch out for amid recession fears

4 Banking stocks to watch out for amid recession fears

November 12, 2022 09:00 PM AEDT | By Rishika Raina

In order to cover the loan losses in their latest trading updates, funds worth £1.3 billion have been set aside by the leading UK banks

 FTSE 100 stocks to look at amid falling investment platform asset value

FTSE 100 stocks to look at amid falling investment platform asset va...

November 11, 2022 12:49 AM AEDT | By Abhishek Sharma

Highlights:,British investment platforms are witnessing a decline in the value of customer assets.,This is a reversal from the buoyant last year when...

 Stocks to watch amid expectations of a pension age hike

Stocks to watch amid expectations of a pension age hike

November 10, 2022 11:46 PM AEDT | By Rishika Raina

The UK is reportedly planning to announce a raise in the state pension and welfare payments as a part of next week's budget announcements.

 Mortgage rates may spike again after BoE's rate hike: Stocks to watch

Mortgage rates may spike again after BoE's rate hike: Stocks to watc...

November 04, 2022 12:15 AM AEDT | By Abhishek Sharma

Highlights:,The Bank of England has hiked interest rates to 3%, pushing them to 33-year high.,A hike in interest means higher mortgage rates, as the l...

 Stocks to watch as mortgage approvals plunge

Stocks to watch as mortgage approvals plunge

November 01, 2022 10:32 PM AEDT | By Rishika Raina

As the Bank of England (BoE) intends to lift the interest rates, borrowing is becoming more costly in the UK.

 Banks' profits fall despite rising interest, mortgage rates

Banks' profits fall despite rising interest, mortgage rates

October 29, 2022 10:00 PM AEDT | By Abhishek Sharma

Highlights:,Interest and mortgage rates are rising, but the profits of LSE-listed lenders aren't going up despite higher revenue.,Banks are anticipati...

 Two FTSE-listed lenders to check out in November

Two FTSE-listed lenders to check out in November

October 27, 2022 05:30 PM AEDT | By Abhishek Sharma

Highlights:,Mortgage rates have started to come down after Rishi Sunak became the UK PM.,The rates saw a steep rise since the previous chancellor Kwas...

 Mortgage stocks to watch with the arrival of the new PM

Mortgage stocks to watch with the arrival of the new PM

October 26, 2022 11:40 PM AEDT | By Rishika Raina

• With Sunak's arrival, the lenders' costs for financing the mortgage deals have dropped.

 Borrowing costs recover as Rishi Sunk slashes spending

Borrowing costs recover as Rishi Sunk slashes spending

October 26, 2022 08:02 PM AEDT | By Rishika Raina

• As Sunak pledged to bring stability to the economy and confidence as one of the key agendas of his government, the Sterling went up, and 30-year bon...

 Which insurance stocks can investors look at now?

Which insurance stocks can investors look at now?

October 21, 2022 07:37 PM AEDT | By Abhishek Sharma

Highlights:,The average insurance cost has jumped about 14% in the past one year.,On average, over 40% of drivers said that they saw a rise of £38 in...

 3 banking stocks to watch as lenders brace for windfall tax

3 banking stocks to watch as lenders brace for windfall tax

October 20, 2022 01:00 AM AEDT | By Abhishek Sharma

Highlights:,With chancellor Jeremy Hunt working to plug the hole in public finances, banks may have to face a windfall tax, according to reports.,One...

 Mortgage lenders hike rates despite Hunt's tax reversals

Mortgage lenders hike rates despite Hunt's tax reversals

October 19, 2022 10:17 PM AEDT | By Abhishek Sharma

Highlights:,Lenders have continued to hike mortgage rates in anticipation of aggressive rate hikes by the Bank of England.,Following chancellor Jeremy...

 Companies prevented from joining the consumer investment market

Companies prevented from joining the consumer investment market

October 19, 2022 04:21 PM AEDT | By Rishika Raina

• Last year, more than 1,800 consumer alerts regarding illegal companies or individuals were released by the FCA.

 Mortgage crisis may rise in coming months: BoE warns

Mortgage crisis may rise in coming months: BoE warns

October 13, 2022 07:51 PM AEDT | By Abhishek Sharma

Highlights:,The central bank has warned that amid the rise in interest rates and living costs, the mortgage crisis may aggravate further in the coming...

 Stocks to watch as UK mortgage rates hit the roof

Stocks to watch as UK mortgage rates hit the roof

October 10, 2022 09:08 PM AEDT | By Rishika Raina

The Bank of England has been consistently raising its base rate, which impacts all kinds of loans and mortgages in the UK.

 Average mortgage rates breach 6% mark: Which stocks to eye?

Average mortgage rates breach 6% mark: Which stocks to eye?

October 06, 2022 11:57 PM AEDT | By Abhishek Sharma

Highlights:,As lenders anticipate another interest rate hike, average mortgage rates have crossed the symbolic 6% landmark.,This is another hit to sev...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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