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BBC Money News Feed
Using AI for loans and mortgages is big risk, warns EU boss
Margrethe Vestager tells the BBC using AI for decisions that affect lives could lead to discrimination.
Categories: Money
Mortgages: New squeeze on landlords will hit renters too
High mortgage costs mean landlords face a "turning point", a firm warns, leading to fewer homes to rent.
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Pay rise surprise leads to forecasts of higher interest rates
Wages rise at their fastest rate in 20 years, excluding the pandemic, but still lag behind the cost of living.
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Warning UK mortgage rates set to rise further
It comes as 1.5 million people are set to come off fixed-rate mortgage deals this year.
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Five reasons why mortgages are getting us down
Rising mortgage rates are causing a headache for homeowners and buyers, so what is behind the maelstrom?
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Tesco reported to regulator over Clubcard prices
The consumer group says Tesco could be breaking the law by not being clear enough about its unit pricing.
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Bread to loo roll: How UK prices compare to five EU countries
UK shoppers are paying more for loo roll, butter and ketchup than some of our European neighbours, data suggests.
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HSBC withdraws mortgage deals for new borrowers
The bank said on Thursday it would temporarily pull new deals, indicating mortgage market pressures.
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Banks accused of 'measly' interest rates on savings
MPs criticise banks as instant access savings rates sit well below the Bank of England base rate.
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Crypto: 24-hour cooling-off period included in ad overhaul
Crypto bosses could face up to two years' imprisonment if they fail to comply with the new rules.
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More pain for renters as landlords look to sell up
Rising borrowing costs and plans for stricter rules are affecting the rental sector, surveyors say.
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'Massive shift' in food shopping habits as prices soar
Average visits to food shops drop to 16 times per month, analyst firm Kantar says.
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House prices in first annual fall for 11 years, says the Halifax
The UK's biggest mortgage lender says rising borrowing costs are affecting confidence.
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Mortgages: Average two-year mortgage deal £35 a month more
Mortgage rates have risen since recent figures showed inflation not coming down as quickly as expected.
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Universal basic income: Plans drawn up for £1,600 a month trial in England
Thirty people would get a monthly lump sum for two years, under a think tank's scheme in England.
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Money: £9bn in old UK banknotes and coins not cashed in
Paper £50 and £20 notes have been unusable since October, but can still be exchanged.
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'Mortgage costs right now are terrifying'
With rates rising and mortgages disappearing from the market, buyers reveal their struggles to get a deal.
Categories: Money