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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…
UK retail spending rose at lowest pace for 7 months in December
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retail spending rose at the lowest pace for seven months in December and below the rate of inflation, pointing to a “drab” Christmas period for retailers as consumers continued to feel the impact of…
Warner Bros urges shareholders to reject inferior Paramount offer
Posted onWarner Bros Discovery has told its shareholders to reject an “inferior” updated bid from Paramount Skydance to buy the company. It is the second time in less than a month the Warner Bros board has urged its shareholders to say no to the Paramount offer, after announcing on 5 December that Netflix was buying the…
UK economy grew slightly in August ahead of key Budget
Posted onNick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
Hamas returns 10th body as fragile Gaza ceasefire holds
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has returned the body of another hostage, Israeli officials said, as part of a US-brokered deal meant to end the devastating two-year war in Gaza. The office of Israeli Prime Minister Benjamin Netanyahu said…
