What the latest interest rates change means for your mortgage, savings and bills
The Bank of England has cut the base rate to 3.75 per cent, the lowest level in three years More
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The Bank of England has cut the base rate to 3.75 per cent, the lowest level in three years More
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in US PoliticsThe plan to mobilise Russia’s frozen assets is morally compelling and ingenious. The problem is that its enemies will never see it that wayMorally, the decision facing the European Council in Brussels this week has been a no-brainer. Russia invaded Ukraine illegally and unilaterally. Moscow shows no sign of wanting peace. It actively threatens other countries too, including Britain. Ukraine is running out of money. Yet £184bn worth of Russian assets remain frozen in Europe, notably in Belgium. That money should therefore be mobilised to fund Ukraine. To many, this would be the enactment of a clear and present duty, proof positive that Europe can still be a heavy hitter.In the messy reaches of the real world, however, things have not been straightforward. Law, economics and politics all managed to insinuate themselves, sometimes venomously, into the intense buildup to Brussels. Reparations can have lethal political consequences. Seizure of assets will undoubtedly face legal challenge. It is also bitterly opposed by Donald Trump, who wants the unfreezing of assets to form a key part of his pro-Russian peace plan. Mr Trump is pressing hard for a quick deal, and US and Russian negotiators are poised to meet again in Miami at the weekend.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading… More
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in UK PoliticsPrime minister Keir Starmer has hailed the rate cut with around 533,000 homeowner tracker mortgages outstanding in June 2025 More
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in UK PoliticsMake sure your cash is working hard for you and earning interest More
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in UK PoliticsInflation has come down in 2025 — but the latest figures are still well above the 2 per cent target and rising More
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in US PoliticsAfter Trump ended key repayment plan, 40% of borrowers say their student loans make it harder to cover essentialsA recent survey found that a whopping 40% of student loan borrowers say that their loans have negatively affected their ability to cover their basic needs, such as food, housing and transportation – a financial burden that becomes even more apparent around the holiday season.At first glance, someone like Ben L should not be struggling financially. He attended Georgetown University and Columbia University for his undergraduate and graduate degrees, respectively, and now earns a six-figure salary working at a biotech company. Still, the 36-year-old is drowning in student debt. Continue reading… More
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in World PoliticsAfter reaching an all-time high of $3,673.95 per ounce on September 9, 2025, the price of gold is once again ramping up, trading just below the record. Year-to-date, gold has outperformed Bitcoin (BTC) with an impressive 37.4% gain, while Bitcoin investors have seen only an 18.7% increase over the same period. This seemingly contradicts the… Continue reading Why is Gold Outperforming Bitcoin in 2025?
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