Today: 21 July 2026
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UK Economy 8 May 2026 - 17 July 2026

UK mortgage rates drop while 5% deposit loan options tighten

UK mortgage rates drop while 5% deposit loan options tighten

Britain’s mortgage market is picking up again, but some buyers with thin deposits are being left out. Moneyfacts said in its July data that the total number of mortgage products increased for a third straight month. But the number of 95% loan-to-value deals—loans covering nearly all the home price—dropped to 450 from 466.
16 July 2026
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Mortgage Rates Hit One-Month Low as Iran Deal Shifts Fed and UK Rate Outlook

Mortgage Rates Hit One-Month Low as Iran Deal Shifts Fed and UK Rate Outlook

U.S. mortgage rates moved lower Monday after bond markets reacted to a tentative U.S.-Iran agreement that could reopen the Strait of Hormuz and ease pressure on oil prices. Mortgage News Daily’s daily index put the average 30-year fixed rate at 6.56%, down 0.02 percentage point on the day and equal to the most recent low from May 29. Matthew Graham wrote that rates are “in solid shape in the context of the last month,” but still remain in an elevated range.
16 June 2026
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FTSE 100 Today: BP Rally Lifts UK Stocks as Barclays and Taylor Wimpey Fall

UK stocks steady as rate fears ease, but FTSE 100 faces Iran, retail in coming week

UK stocks start a holiday-shortened week after the FTSE 100 ended its four-week losing streak. London’s main index closed up 0.22% on Friday and added 2.66% over the week as traders backed off from expecting a near-term Bank of England rate hike. “The backdrop was much less conducive to a long-lasting bout of inflation than it was in 2022,” said Ruth Gregory, deputy chief UK economist at Capital Economics.
24 May 2026
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HMRC pay code error could cut UK take-home, warns tax accountants

HMRC pay code error could cut UK take-home, warns tax accountants

UK savers could be overpaying tax after HM Revenue & Customs changed PAYE codes using faulty savings-interest figures, several reports said overnight. Issues include double-counted interest, mismatched estimated interest, and cash ISA interest wrongly classified as taxable. ISAs aren’t subject to tax.
21 May 2026
British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now

British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now

The UK government’s proposal to write off up to £500 million in energy debt for vulnerable households hasn’t started yet. That delay leaves ministers under pressure, with industry projections showing consumer arrears heading toward £7 billion—roughly $9.5 billion—by the end of the year. Officials say they’re still working through data-sharing requirements for the scheme. Ofgem, for its part, says the final call belongs to ministers.
13 May 2026
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UK Stock Market Today: FTSE 100 Falls as Gilt Yields Surge

UK Stock Market Today: FTSE 100 Falls as Gilt Yields Surge

London’s FTSE 100 slipped on Tuesday, dropping 0.48% to 10,219.95 as traders backed away from UK assets following a jump in gilt yields and fresh questions about Prime Minister Keir Starmer’s future. The index touched a session low of 10,152.05, with volume at 117.9 million shares, according to delayed figures from LSEG. Over the past year, the FTSE 100 has ranged between 8,531.06 and 10,934.94.
12 May 2026
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FTSE 100’s Third Weekly Loss: Why UK Stocks Are Back on Edge

FTSE 100’s Third Weekly Loss: Why UK Stocks Are Back on Edge

The FTSE 100 slipped for the third consecutive week, dropping 0.4% to finish at 10,233.07 on Friday, after a late-session slide. New clashes in the Gulf put fresh pressure on the U.S.-Iran ceasefire, and local election setbacks for Prime Minister Keir Starmer’s Labour Party didn’t help sentiment. The FTSE 250 index, covering mid-cap stocks, edged down 0.2%.
9 May 2026
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UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

London’s FTSE 100 slipped 0.75% to 10,200.29 in early Friday trading, according to delayed figures from Hargreaves Lansdown, as tensions flared again between the U.S. and Iran, sending oil prices up. Growing political uncertainty following UK election results also weighed on Britain’s blue-chip index, setting it up for a second consecutive day of losses.
8 May 2026
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