The Bank of England has cut interest rates to 5.5% from 5.75%. This is the first time interest rates have been cut in 2 years. Interest rates have risen five times since the middle of last year, but the Bank had kept rates on hold since July. The Bank has been keen to keep price growth under control, and many analysts had predicted that they would want to see oil and food cost pressures abate before moving to lower interest rates. However, reports from Nationwide and Halifax this week have shown falling house prices and a slump in consumer confidence.
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Six beautiful homes around the world, from Portofino to Provence to Palm BeachAn exquisite villa tucked into a hillside? A A breathtaking apartment created to make you feel like you're flying through the endless blue skies?
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The 'greatest battle for 300 years': England's great estates face up to a green futureThe climate crisis will affect us all. All over Britain, major landowners are stepping up to tackle a warming world and biodiversity loss.
