News Archive for December - 2024

Barclays and TSB Slash Mortgage Rates, Setting the Tone for Further Reductions

On Tuesday morning, two major players in the mortgage market, Barclays and TSB, announced significant cuts to their mortgage rates, fueling speculation that more reductions may follow as the year draws to a close.Barclays introduced lower rates across several of its fixed-rate mortgage deals, including its standout offering � a five-year fixed-rate plan for ...

The UK is falling behind in the global effort to modernise power grids, investing four times more in renewable energy projects than in the electricity infrastructure needed to connect them to the grid and end-users, according to a new report. For every �1 spent on renewable energy, only 25p has been invested in the cables and power lines required, claims a study by Bloomberg NEF. This imbalance places the UK eighth among the world's 10 ...