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ECONOMY
CMA nears agreement to remove ‘unfair’ ground rent terms
The UK's competition regulator is progressing in discussions with freeholders of properties from developers Countryside Properties and Taylor Wimpey to remove ‘doubling’ ground rent terms from their leaseholds.The Competition and Markets…
Step inside the £11.7m London home of an interior designer that is for sale on Zoopla
Have you ever wondered what the home of an international interior designer looks like?This semi-detached house in London's affluent St John's Wood provides the opportunity to do just that.It is currently for sale for £11.7million and the…
Outlook for British economy worsens
Evidence is mounting of a worsening outlook for the British economy as fresh data showed wage growth dwarfed by inflation and a weakening job market.The Office for National Statistics revealed that in real terms, regular pay in the year to…
Ford Capri 2.8 Injection Special with 585 MILES sells for £71k
Ford Capris have become supremely collectible in recent years, and one of the lowest-mileage examples in the country has just been sold for an astronomical fee.The car in question is a 1986 2.8 Injection Special, which cost £11,000 when new…
Rodin FZero is promised to be the faster track car money can buy
Car makers often make big promises, though none quite as large as the one being touted by a new up-and-coming brand from New Zealand. Rodin Cars has vouched that its all-new model arriving next year will be able to obliterate…
Octopus Energy raises renewable energy tariffs, blaming an outdated market and rising gas prices
The boss of Octopus Energy has been forced to explain why its customers' energy bills are going up, even though the power supplied is '100 per cent renewable'. Recent forecasts have predicted that Ofgem's price cap could peak…
Paragon Bank reaches £10bn of savings deposits in 8 years – what’s behind its success?
In the last decade, the independent This is Money savings best buy tables have been dominated by challenger banks - many of which are not household names.But the growth of some of these challengers has been startling. This month, Paragon…
What would happen to mortgages if the base rate hit 3%, 5% or 7%?
Earlier this month the Bank of England increased its base interest rate by 0.5 per cent – the biggest single increase in 27 years. It is the latest in a string of rises. The base rate has risen from 0.1 per cent in December to…
Bank of England set to deliver another 0.5% rate hike next month
The Bank of England will deliver another 0.5 percentage point increase in interest rates next month as it steps up its fight against inflation, experts warn.In a further blow to households dealing with higher borrowing costs, a Reuters poll…
How to invest through an unusual recession
Laith Khalaf: We should be mindful that we're facing an unusual recessionLaith Khalaf is head of investment analysis at AJ Bell.The UK economy is heading for recession, but investors can take some consolation from the fact…
