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UK set for a booming mortgage market, say analysts
Posted onKevin PeacheyCost of living correspondent Getty Images Competition among lenders suggests that mortgage rates could be cut in the coming weeks, according to brokers and analysts. In a newly-published report, financial information service Moneyfacts said “expectations are high for a booming market in 2026”. Its data shows the choice of mortgage products has risen to…
Chancellor blames Brexit deal for long-term damage to economy
Posted onRachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world’s leading finance ministers and central bankers: “The UK’s productivity challenge has been…
From florist to drone maker: How the weapon became so mainstream
Posted onGideon LongBusiness reporter Kseniia Kalmus Kseniia Kalmus started to make drones for the Ukrainian army after Russia’s invasion The ongoing conflict in Ukraine is often described as the world’s “first drone war”. It has led to a continuing huge growth in the production of military drones, both within and outside Ukraine. Before Russia’s invasion of…
Daily Mail owner agrees to buy Daily Telegraph for £500m
Posted onGetty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
