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Top theintermediary.co.uk News

Bank of England cuts rates but sees higher inflation after Reeves' budget
Rachel Reeves · United Kingdom

Bank of England cuts rates but sees higher inflation after Reeves' budget

46% Right coverage: 33 sources
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget. See the Story
UK house prices hit record high but rise by least in 3 months, Halifax says
Rachel Reeves · United Kingdom

UK house prices hit record high but rise by least in 3 months, Halifax says

38% Center coverage: 13 sources
British house prices hit a new record high in October but the 0.2% rise from September was the smallest in three months and demand could remain subdued if interest rates fall only slowly and as taxes on home-buyers go up, mortgage lender Halifax said.See the Story
Metro Bank fined £16m by City watchdog
Europe · United Kingdom

Metro Bank fined £16m by City watchdog

49% Center coverage: 8 sources
Struggling Metro Bank has been fined £16m for poor money laundering controls. The Financial Conduct Authority (FCA) said the challenger bank failed to have the right systems and controls to adequately monitor more than 60 million transactions, with a value of over £51bn, for money laundering risks.See the Story

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