Can Labour really cut mortgage rates?

Promise: Labour says mortgage rates will stay low, but can it also change the direction of the base rate?

Higher mortgage rates have been a thorn in the side of homeowners for almost two years. According to Moneyfacts, the average interest rate on five-year fixed-rate mortgages is still above 5%, while the interest rate on two-year fixed-rate mortgages is closer to 6%. That’s a lot lower than the 2.5% averages we saw at the … Read more

Can Labour really cut mortgage rates?

Keir Starmer has pledged to keep mortgage rates ‘as low as possible’ Higher mortgage rates have been a thorn in the side of homeowners for almost two years. According to Moneyfacts, the average interest rate on five-year fixed-rate mortgages is still above 5%, while the interest rate on two-year fixed-rate mortgages is closer to 6%. … Read more

How will investors fare under the new Labour government?

Historically, Labour governments have delivered better annual returns The premierships of Harold Wilson and Jim Callaghan were the most lucrative Investors will be wondering what the future holds now that Labour is in power. Looking again at the historical data, we see that Labour has generally achieved positive results when in power. The FTSE 250 … Read more

Devon’s ‘weed town’: Grass grows like crazy, angering locals

Devon residents are angry over unruly lawns they say are taking over parts of Plymouth. It follows the story of a woman who was left “covered in ticks and midges” on her daily walks due to unkempt grass, with many readers sharing their experiences too. Plymouth City Council says that while it acknowledges the concerns … Read more

Women and younger drinkers fuel Guinness revival

A rare bright spot at Diageo’s January results presentation was the rising popularity of Guinness, the famous Irish stout that became the UK’s favourite beer last year. CEO Debra Crew said the “Guinnfluencers” on social media were key to the brand’s success. She told reporters that consumption among women had increased by 24 percent, with … Read more

ITER fusion reactor set to face further delays, with operations postponed until 2034

Enlarge / One of the reactor components during a leak test. On Tuesday, the people running the experimental fusion reactor ITER announced that a combination of delays and shifting priorities meant the first hardware of its kind wouldn’t see plasma until 2036, while full power from deuterium-tritium fusion was pushed back to 2039. The latter … Read more

Stocks that could benefit from Labour’s election plans

Investors may hope for the best, but fear the worst Fear that Labour will revert to old tax and spending patterns But you can take advantage of the opportunities of this new climate After the election, investors may hope for the best but fear the worst. For example, the new government has indicated that it … Read more

European carmakers prepare to respond to China’s electric vehicle tariffs

Chinese freight containers on the map of Europe. Import of Chinese goods concept. 3D rendered … [+] illustration. getty The European Union has imposed preliminary fine increases on Chinese electric vehicles. European carmakers do not know when the expected retaliations will come and how severe they will be. The EU on Thursday raised tariffs to … Read more

Former McDonald’s Chef Reveals WILD Secrets About the Chain

By Kelsi Karruli for Dailymail.Com 19:28 05 Jul 2024, updated 19:32 05 Jul 2024 Share or comment on this article: A former McDonald’s chef has revealed what foodies may not know about the chain, like what temperature its fan-favorite pies are cooked at and how employees were once trained. Illinois native Mike Haracz worked at … Read more

CIPD urges Labour to engage with HR profession ahead of employment law reform

The CIPD has welcomed a new British government after Labour’s landslide victory in the general election, but he shares the view of other experts and business groups that Sir Keir Starmer’s relatively ambitious programme for employment reform requires closer collaboration with employers. Labour’s majority of over 170 seats means the party should be able to … Read more