One leading voice urges the Bank of England to act. Despite an unexpected inflation uptick in June, deVere Group’s CEO is pressing for a rate cut, arguing that growth risks now outweigh concerns over persistent price pressures.
Wagestream has acquired pensions technology provider Zippen in a move. The deal underlines the growing demand for workplace financial benefits, as Wagestream strengthens its position in employee financial wellbeing with new specialist expertise in the UK pensions market.
The Bank of England has adjusted its mortgage lending rules. From July 2025, individual UK lenders may exceed the 15% cap on high loan-to-income mortgages, provided the overall market remains below this level. The temporary relaxation takes effect immediately via an interim waiver.