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Mortgage approvals had proved remarkably resilient through early 2026. That resilience cracked a little in May: approvals fell 15% month-on-month and sat 8% below their five-year average. The culprit is swap rates, not underlying weakening demand. The Iran conflict has stoked fears of imported inflation, pushing up swap rates –
The 139th Wimbledon Championships are underway, with the All England Club in Wimbledon hosting 128 singles players and 64 doubles teams in each draw, the tournament set to conclude on Sunday 12th July. Alongside the tennis, fans will once again be tucking into the famous strawberries and cream, with the
When the Iran conflict erupted, rising inflation was the key headline economic risk, with global supply chains in the firing line. May’s data brings some cautious relief: the 12-month Consumer Price Index (CPI) rate held at 2.8%. Some inflationary impacts remain delayed: for instance the energy price cap will change
The summer solstice marks the longest day of the year and is celebrated around the world. This year, in the northern hemisphere, it will fall on Sunday, 21st June 2026, at 9:24am BST. Londoners will enjoy around 16 hours and 38 minutes of daylight: nearly nine hours more than at
