Inevitable' rate cut But it wasn't all doom and gloom. On Tuesday, financial markets priced in a 100% chance of a Bank of England interest rate cut from 4.5% to 4.25% on 8 May. Earlier ...

The bank relaxed affordability rates by 0.75%, which refers to stress tests that check if borrowers can afford their loans if interest rates were to rise. That's all from us for now, but we will ...