May 1, 2025

stamp duty

Home stamp duty
Mortgage

Interest rates to be cut ‘five times’ this year in major boost for mortgage holders

  • May 1, 2025

Fears of an economic slowdown are expected to prompt a Bank of England rate cut next week – with more to follow – leading to potentially big savings for millions of mortgage borrowers The Bank of England could slash its base rate to 3.75% this year in a boost to the home sales(Image: Yui Mok/PA

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Finance

Hong Kong finance chief revises 2024-25 deficit to HK$80.3 billion, down 8%

  • April 30, 2025

Hong Kong’s finance chief has revised the city’s deficit for the previous financial year to HK$80.3 billion (US$10.4 billion), 8 per cent lower than his original estimate, attributing the change to increased stamp duty income on stock trading and lower-than-expected departmental expenditure. Financial Secretary Paul Chan Mo-po on Wednesday also revealed that the government would

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