May 21, 2024
Mortgage

Mortgage lenders hike interest rates as market jitters set in

Mortgage lenders are hiking rates again. (Bennett Dean) Anxiety has set in among UK mortgage lenders, with rates being hiked left, right and centre, amid uncertainty about how the Bank of England‘s interest rate path will play out. While Barclays hiked its rates for the second time in seven days on Monday, having been the

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Funds

Norway wealth fund backs NatWest plan to buy more state-owned stock

STOCKHOLM (Reuters) -Norway’s $1.6 trillion sovereign wealth fund, one of the world’s largest investors, said on Thursday it would vote in favour of a proposal letting NatWest buy back more of its stock from the British government, amid efforts to speed up privatisation. Ahead of its annual meeting on April 23, lender NatWest has asked

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