First-time buyers feel the pain of rising mortgage rates: Will it lead to chain collapse and lower house prices?

Under pressure: First-time buyers saw fixed mortgage rates rise by more than 1 percent in just four weeks.

First-time buyers are feeling the brunt of rising mortgage rates while some property insiders fear it could have a knock-on effect on the rest of the market. Since the war in the Middle East began, fixed-rate loans have increased significantly due to fears of inflation being lower than expectations of future interest rates. The average … Read more

FTSE 100 rallies on hopes Iran war will end soon; food inflation up to 9% – MARKETS LIVE

FTSE 100 rallies on hopes Iran war will end soon; food inflation up to 9% - MARKETS LIVE

By ANGHARAD CARRICK, BUSINESS EDITOR Updated: 05:12 EDT, April 1, 2026 Stock markets are rallying as oil falls near $100 on hopes that the war in Iran could end soon. Investors clutching at any sign of easing doubts were cheered by Donald Trump’s latest suggestion that the US could end the conflict within ‘two or … Read more

The economic crisis facing Britain has been revealed by City leader ALEX BRUMMER: What I am being told by leading businesses is actually happening.

Supermarket bosses were shocked last week when the Chancellor told the House of Commons they would be ordered to Downing Street, as part of a plan to cut prices.

Nothing shows Labour’s poor economic management more than their baffling attempt to blame British industry for the country’s economic woes. It is true that neither the Prime Minister nor the Chancellor are to blame for the explosion in Iran or the energy crisis that has engulfed us. There is no law for Donald Trump’s reckless … Read more

Britain is heading for a world of financial pain – what I’m doing to protect myself: JEFF PRESTRIDGE

The UK is set to ride on the rocks in the coming months, even if Donald Trump makes a peace deal

No one knows what the future holds for us, especially when we have a violent situation that is holding the whole world to ransom. However it is blindingly clear that the UK will have a very difficult journey in the coming months, regardless of whether a ceasefire is agreed between the United States and the … Read more