The Bank of England (BoE) has said it “will not hesitate to change interest rates as necessary to return inflation to the 2% target sustainably in the medium term, in line with its remit”. BoE governor Andrew Bailey says the Monetary Policy Committee (MPC) will make a full assessment at its next MPC meeting on 3
A host of lenders have announced product withdrawals today, with one of the most eye-catching being Halifax Intermediaries’ latest update. The lender says that by the end of Tuesday 27 September, all products in its homebuyer range that charge a fee - including shared equity and green products - will be removed.