Mortgage and Business Lending Slowdown Expected in 2026
EY Item Club forecasts a temporary dip in UK mortgage and business lending growth for 2026, with recovery anticipated from 2027 as economic conditions improve.
Category : Markets
RBA Deputy Urges Shoppers to 'Vote with Feet' on Prices
Reserve Bank of Australia deputy governor Andrew Hauser says inflationary pressures persist, urging consumers to avoid unfair corporate pricing strategies.
ATS Euromaster Closing 86 UK Garages, 700+ Jobs at Risk
Major tyre and servicing chain ATS Euromaster confirms plans to exit UK market, closing 86 service centres and putting over 700 jobs at risk while negotiating partial sales.
McQ: Salmon Watch Mimics £40k Luxury Timepiece for £445
The limited-edition McQ: Salmon watch from Detrash replicates the design of high-end Swiss watches like the £40,000 Patek Calatrava, using recycled materials and sustainable production methods while costing just £445.
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Rare 2023 Atlantic Salmon 50p Coin Could Be Worth £150
Experts reveal the 2023 Atlantic Salmon 50p coin, with only 200,000 minted, is now selling for around £150. Learn how to identify this rare piece in your change.
Stocks Jump After US Supreme Court Tariffs Ruling
British and European stock indexes climbed sharply after the US Supreme Court struck down President Donald Trump's tariffs, with the FTSE 100 hitting a record high and marking its biggest weekly jump since mid-December.
FTSE 100 Climbs on Retail Sales and US Tariff Decision
London stocks gained as robust UK retail sales boosted sentiment and the US Supreme Court ruled Trump's tariffs illegal, with Diageo leading gains amid executive shake-up plans.
Supreme Court Blocks Trump Tariffs, Wall Street Rises
Wall Street surged after the Supreme Court struck down most of President Trump's emergency tariffs, boosting retailers and manufacturers reliant on imports.
Supreme Court Tariff Ruling Sparks Wall Street Rally
U.S. stocks surged on Friday after the Supreme Court struck down former President Donald Trump's sweeping global tariffs, offering relief to investors amid mixed economic data.
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AI 'SaaS-pocalypse' Triggers Software Stock Sell-Off, Billions Lost
Speculation that AI could render software obsolete has led to a dramatic sell-off in SaaS shares globally, erasing billions in value from companies like Xero and WiseTech, as investors grapple with disruption fears.
Asian Shares Mixed, US Futures Up as AI Worries Weigh
Asian shares show mixed performance amid AI investment risks and US-Iran conflict concerns. US futures edge higher, oil prices climb, and key indices like Nikkei and Hang Seng decline.
United Airlines Rewards Cardholders with Double Miles
United Airlines is restructuring its MileagePlus program, cutting miles for non-cardholders while doubling rewards for those with co-branded credit cards, effective April 2.
Wendy's Stock Soars After Peltz Declares It Undervalued
Shares in Wendy's surged nearly 19% after activist investor Nelson Peltz filed with the SEC, stating the fast-food chain is significantly undervalued compared to rivals like McDonald's.
FTSE 100 Rally Halts Amid Iran Tensions and Centrica Pause
London's FTSE 100 index ended its winning streak as Centrica shares fell sharply, while oil majors rose due to escalating tensions in Iran and higher Brent crude prices.
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Asian Shares Advance on Nvidia-Led Wall Street Rally
Asian shares climbed Thursday, tracking a Wall Street rally driven by Nvidia's gains, while U.S. futures dipped and oil prices rose amid escalating Iran conflict fears.
FTSE 100 Hits Record High as UK Inflation Cools
The FTSE 100 surged to a record closing high of 10,686.18 as UK inflation cooled to 3.0%, fueling expectations of Bank of England interest rate cuts. European and US markets also rose.
US Stocks Lag Global Markets by Widest Margin Since 1995
Wall Street faces a crisis as US stocks fall while global markets surge, with the performance gap hitting its widest since 1995 due to geopolitical risks and high valuations.
Five Strategic Methods to Diversify Your Portfolio in 2026
Explore five expert-backed strategies to diversify your investment portfolio in 2026, mitigating risks from AI concentration and enhancing long-term stability.
Asian Shares Gain as Lunar New Year Holidays Keep Markets Closed
Asian shares advanced on Wednesday, with Japan's Nikkei 225 rising more than 1% as most regional markets remained shut for Lunar New Year holidays. U.S. futures were flat, and oil prices edged higher.
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Gen Z Chooses Stocks Over Homes as Property Prices Soar
New data reveals a significant trend among younger generations who are increasingly investing in stocks rather than saving for home purchases, driven by high property costs and accessible trading platforms.
Goldman Sachs Board Diversity Faces Shareholder Challenge
The National Legal and Policy Center challenges Goldman Sachs' board diversity efforts, citing concerns over ESG policies and potential legal risks in a shareholder proposal.
FTSE 100 Hits Record High as Rate Cut Hopes Grow
The FTSE 100 index closed at a new record high, driven by investor bets on a Bank of England interest rate cut in March following rising unemployment and a weaker pound.
Applied Nutrition Ups Outlook After January Health Boom
Applied Nutrition has raised its earnings outlook following strong January sales, sending shares up 8%. The Coleen Rooney-backed firm now forecasts £140 million in revenue.
MPs Demand Royal Mail Response Over Postal 'Chaos' and Batching
The Business and Trade Committee has given Royal Mail two weeks to answer questions about service delays and allegations of letter batching, citing ongoing chaos beyond Christmas pressures.
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Nikkei 225 Falls 1% as Asia Markets Shut for Lunar New Year
Japan's Nikkei 225 index dropped 1% as most Asian markets closed for Lunar New Year holidays, with U.S. futures declining and mixed oil prices amid weak economic data.
US CEO Turnover Hits Record High as Younger Leaders Take Charge
US public companies see record CEO turnover in 2025, with one in nine replaced. New leaders average 54 years old, often first-timers, amid market pressures and AI rise, though female appointments decline.
FTSE 100 Gains as Defence Stocks Rise on Spending Plans
The FTSE 100 index climbed 0.3% in quiet trading, buoyed by defence stocks after Prime Minister Keir Starmer urged faster defence spending. NatWest led gains with a share buyback, while Pinewood Technologies plunged on a withdrawn takeover bid.
Gen Z Chooses Stocks Over Homes Amid Affordability Crisis
New JPMorgan Chase Institute data reveals a tripling of under-40s investing in stocks, driven by unaffordable housing and accessible trading apps.
Asian Markets Rise Ahead of Lunar New Year, Gold Falls
Asian shares traded higher on Monday with thin volumes as many markets closed for Lunar New Year holidays, while gold prices fell sharply from recent highs. Japan's economy grew slower than expected, increasing pressure for stimulus measures.
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McDonald's Sales Jump 6.8% with Value Strategy and Monopoly Return
McDonald's reports a 6.8% U.S. sales increase in Q4, exceeding forecasts, as value meals and revived Monopoly game attract budget-conscious diners amid inflation.
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