The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.

Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from ...

Highlights: The budget's emphasis on consumption-oriented measures, coupled with a relatively modest increase in capital ...

A major Australian bank is expecting house prices to keep falling in coming months even as interest rates are cut.