Average mortgage rates below 5% for first time since Truss budget
Average two-year mortgage rates have fallen to 4.99%, the lowest point since September 2022. Source: Original News
Category: Business
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Claire’s falls into administration with 2,150 jobs at risk
Claire’s has appointed administrators in the UK and Ireland, but its shops will stay open as it considers a possible sale. Source: Original News
British Gas-owner buys huge LNG terminal for £1.7bn
The takeover will give Centrica greater control of liquified natural gas supplies in the UK. Source: Original News
Are latest UK growth figures good or bad news for the economy?
Depending on the timeframe you look at, the GDP figures can be seen as glass half full or half empty. Source: Original News
UK economic growth slows but beats forecasts
The economy expanded by 0.3% in the April-to-June period, ahead of economists’ expectations. Source: Original News
Toymaker drops lawsuit against Sylvanian Drama creator
The company behind the woodland creature-themed toys abandons legal action against a content creator. Source: Original News
Trump’s pick to lead economic data agency floats ending monthly jobs report
EJ Antoni’s comment raised new alarm about the future of an agency that tracks how the economy of the world’s richest country is faring. Source: Original News
US inflation holds but underlying prices creep up
Inflation remained at 2.7% as investors weighed-up whether the US Fed will cut interest rates. Source: Original News
Starbucks tells customers in South Korea not to bring printers or PCs
Customers have been bringing in printers and multiple computers as they work from cafes. Source: Original News
UK jobs market cools as vacancies fall
Data suggests companies are not recruiting or are holding off replacing people who have left. Source: Original News