The ONS' miscalculation of a crucial labour cost figure could lead to "one or two" extra interest rate hikes
A blunder by the Office for National Statistics (ONS) in which it miscalculated a crucial measure of labour cost inflation could lead to Bank of England policymakers signalling the need for "one or two" more interest rate hikes over the next two years, the man who spotted the error has said.
A 1% interest rate rise would cost mortgage-holders £10bn
A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
Five-year fixed rate mortgage costs fall as borrowing becomes cheaper around the world
“We have often thought that rates can’t go any lower, but here we are again,” says David Hall of Knight Frank Finance
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LATEST ARTICLES
Waddell returns to Knight Frank to launch resi investment desk
Agency rolls out new service line offering centralised 'support hub' for domestic and private international investors.
Harwood Advisory recruits Knight Frank’s Collier
PCL specialist Marc Collier has joined Sami Robertson's boutique property firm.
Sales launch at boutique Marylebone resi scheme
The developer is preparing to roll out further projects in Notting Hill and Mayfair in 2026 and 2027.
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After a testing year, high-end deals beyond the capital were up 5% in the final quarter, while price declines narrowed.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Knight frank, Zoopla, Enness Global, RICS, Rightmove, Zoopla & more...