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Inflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a welcome fall from 3.2pc inflation seen in March, but still sits above the Government’s target of 2pc. ....
Halifax has told brokers it will be cutting rates on home mover and first-time buyer products by up to 19 basis points on Friday. The lender says it will be making the reductions on two and five-year fixed rates. John Charcol mortgage technical manager Nicholas Mendes says it is welcome news after official data today ....