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Bank hints at rate cuts, but dont expect Covid-era mortgage deals
Posted onIn total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).
‘JLR supply chain workers are really struggling’
Posted onRich Mulligan Rich Mulligan said some of his JLR supply chain colleagues were “struggling really badly” “I haven’t been on wages for the past two weeks. I’m now dipping into savings, money that I’ve squirreled away for retirement, with no insight into exactly when this will be over.” Rich Mulligan, 63, is a stock control…
Guernsey inflation continues to slow, figures show
Posted onMatt Judge/BBC The inflation rate has decreased from the 8.5% peak in 2022 The annual rate of inflation in Guernsey has continued to slow, according to the latest figures. In the 12 months to December 2025, the Retail Price Index (RPI) – which shows the cost of living in Guernsey – was 3.4%, the States…
Pay rise for 2.7 million people as minimum wage increase comes into force
Posted onBut Spencer says his business is being squeezed from every angle – as well as minimum wage, he has had increases in business rates, national insurance, and statutory sick pay. He also expects energy bills to go up because of the war in the Middle East.
The Caribbean islands that give you a passport if you buy a home
Posted onGemma Handy Business reporter Reporting fromSt John’s, Antigua Nadia Dyson Estate agent Nadia Dyson says there has been a big increase in the number of people seeking Antiguan citizenship Scroll through homes for sale in the Eastern Caribbean and it is no longer just bewitching beaches and a laid-back lifestyle being touted to woo buyers….
