Ambition in a red dress
Some parts of London smell of mortgage. The suburban avenues smell of mortgage and unleaded petrol and
cut grass and Tarmac and barbecues. Kids roll from carport to carp...
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House prices 'to rise by 10%' rise
Mortgage lenders delivered a vote of confidence in the housing market yesterday by almost doubling their forecast for house price inflation this year to 10%. The upgrade ...
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Brim full of revolutionary ardour
Bob Young is an unlikely revolutionary. A 45-year-old who loves fly fishing, he started his business to meet his mortgage payments. Yet the company he started, Red Hat, i...
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Why we're banking on the web
The internet revolution is developing rapidly and those who fail to keep pace with the advances risk being squashed.
That was the message this week from Tony Blair, who...
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House buyers shrug off the rate rise
Standard Life Bank insisted yesterday that there was little evidence of any slowdown in the housing boom as it, and two of its closest rivals, raised mortgage rates in re...
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Inflation at 36-year low
The annual inflation rate fell to 1.1% in August, its lowest level in 36 years, calling into question the Bank of England's unexpected decision to raise interest rates la...
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Ballooning interest rates split brokers
Mortgage rates could be heading towards 8% by 2001 following the Bank of England's decision to increase base rates for the first time in 15 months.
Should homebuyers no...
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Poorer returns for a bit longer
While Halifax rushed out a 0.14% rise in its standard variable mortgage rate to 6.99% for new customers, savers will have to wait until later in the month to discover if ...
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Bank's surprise base rate rise angers industrialists
The Bank of England surprised the City and outraged industry yesterday when it launched a pre-emptive strike against inflation by pushing up the cost of borrowing for the...
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Shock therapy that feels a little like panic
There are two schools of central banking. The first is the gradualist, in which every rate change is signalled to the markets. The second is the surprise school, which re...
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