Shares in UK retailers fall as sector counts cost of NICs tax rise – as it happened
by Graeme Wearden from on (#6S3DR)
Rolling coverage of the latest economic and financial news
Yesterday's cut to UK interest rates doesn't seem to have yet filtered through to borrowers.
Data provider Moneyfacts reports that the average rate on two-year loans is unchanged this morning, while the five-year equivalent is slightly higher:
The average 2-year fixed residential mortgage rate today is 5.42%. This is unchanged from the previous working day.
The average 5-year fixed residential mortgage rate today is 5.14%. This is up from 5.13% the previous working day.
Continue reading...