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Mortgage rates rise and deals pulled over Iran war turmoil
“It’s unwelcome news for borrowers, as the prospect of falling mortgage rates has quickly given way to rate rises,” he said, adding: “How far they could go is now heavily dependent on how global markets and inflation expectations evolve as conflict in the Middle East unfolds.”
Car headlights to be reviewed after drivers complain of being ‘blinded’ at night
Katy Austin,Transport correspondent and Lucy Hooker,Business Reporter EPA Criticism from drivers over the dazzle from oncoming headlights has prompted the government to take a closer look at the design of cars and headlamps on UK roads. Drivers say LED headlamps, which are increasingly common in new vehicles, are causing them problems and making it harder…
K-beauty: From social media trend to economic powerhouse
Suranjana TewariAsia Business Correspondent, Seoul, South Korea Watch: Korean skincare is a multi-billion dollar industry – what makes it so great? Who would have thought serums infused with snail mucin – the sticky substance they secrete – would become a part of skincare routines around the world? Well, it’s happened – and the gooey elasticity…
New £150m funding package to protect jobs at Grangemouth
David HendersonScotland news correspondent PA Media The UK government and Ineos are to invest a combined £150m in the plant The UK government is to invest £120m in a support package for the Grangemouth industrial complex. Owners Ineos will contribute £30m to the joint investment deal. The site, the UK’s last ethylene plant, employs about…
