Immigration Evolution: Skilled Workers Face New Rules in the UK

Considering the UK is struggling with illegal immigration and self-imposed Brexit, the Home Office has released its new Statement of Changes.  New Statement Released Understanding immigration rules can be complicated at the best of times, but with the implementation of a 180-page statement, it is becoming difficult for all to grasp the new rules correctly. … Read more

UK Interest Rates Expected to Stay High With No Relief in Sight

Bank of England insider Megan Greene’s bold stance on interest rates disrupts market expectations, highlighting persistent inflationary pressures amidst divergent economic conditions. Here’s the full story. Nasty Shocks The UK economy has experienced a series of nasty shocks recently, with a cost-of-living crisis squeezing living standards, glacial wage growth, and the country officially being back … Read more

UK Food Prices Set to Soar Due to Wet Weather

The farming industry has warned persistent wet weather has dramatically impacted domestic food production. This will see us rely on imported food to satisfy demand, driving up prices. Problematic Weather for Farmers The warning about food production comes shortly after the Met Office announced that February was the fourth wettest on record. The poor sowing … Read more

UK Housing Market Sees First Price Drop in Six Months, Says Halifax

Britain’s biggest mortgage lender, Halifax, reported that house prices fell in March – the first fall in six months for the UK housing market. Higher Borrowing Costs Cooling Market The lender said that higher mortgage rates stunted buying ability and appetite, leading to a 1% (£2,900) drop in average purchase price. The average UK property … Read more

Red Flags: 21 Signs UK Housing Market Could Be Headed for Trouble

Navigating the UK housing market is becoming akin to walking through a minefield blindfolded. With economic indicators flashing warning signals like a lighthouse in a storm, let’s dissect the signs suggesting the UK housing market is more bubble than stable foundation. 1. Skyrocketing House Prices The chasm between house prices and the average wage is … Read more