Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
8 December 2022 | Other

Britain encourages banks to support households with flexible mortgage loans

GBPUSD
EURGBP
GBPAUD
GBPCAD
GBPJPY

Britain strongly encouraged banks to support households experiencing difficulties with mortgage payments. In the current economic situation, a lot of clients face financial problems that are mostly driven by the growing cost of living crisis.

The need for household support was outlined by U.K. finance minister Jeremy Hunt at his meeting with bank executives this week. At the same time, the Financial Conduct Authority offered lenders some options to ease their strain as well.

Hunt expressed his hope that banks will fulfill their responsibilities and support mortgage borrowers as advised. Assistance to households can be expressed through switching them to lower fixed rates, extending terms of their loans, or reducing monthly payments.

Company MarketCheese

Recommended

Canada. CPI (YoY). The value of the indicator has increased from 1.9% to 2.4%
Today at 12:30 PM
European Union. Current Account. The value of the indicator has decreased from 29.8B to 11.9B
Yesterday at 8:03 AM
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
17 October
European Union. CPI (YoY). The value of the indicator remained at the same level of 2.2%
17 October
United States. Federal Budget Balance. The value of the indicator has increased from $-345B to $198B
16 October
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
17 October
European Union. Trade Balance. The value of the indicator has decreased from 12.7B to 1B
16 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.4% to 0.1%
6 October
European Union. Unemployment Rate. The value of the indicator has increased from 6.2% to 6.3%
2 October
United States. ISM Manufacturing PMI. The value of the indicator has increased from 48.7 to 49.1
1 October
All news

Forecasts

AUDUSD sell
Period: 28.10.2025 Expectation: 450 pips
Selling AUDUSD amid prevailing downtrend
Technical analysis FA Other Chart analysis Indicators Fundamental analysis
Today at 10:10 AM 28
Lyra_Moonwell1
Tesla Inc sell
Period: 28.10.2025 Expectation: 4700 pips
Selling Tesla stock ahead of quarterly earnings release
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 08:56 AM 20
Emily_Foster
Brent sell
Period: 25.10.2025 Expectation: 90 pips
Selling Brent crude as supply swells
FA Other Chart analysis
Yesterday at 10:23 AM 39
McCarthy_Raymond
Silver sell
Period: 27.10.2025 Expectation: 3600 pips
Silver is under pressure following its record rally
Technical analysis FA Other Chart analysis Indicators Fundamental analysis
Yesterday at 10:10 AM 61
Lyra_Moonwell1
Gold sell
Period: 27.10.2025 Expectation: 14600 pips
Gold is correcting following Trump’s softer rhetoric
Technical analysis FA Other Hot news Indicators Fundamental analysis
Yesterday at 08:20 AM 103
Emily_Foster
GBPUSD buy
Period: 24.10.2025 Expectation: 1600 pips
GBPUSD is poised to retest 1.34800
Technical analysis FA Other Chart analysis Indicators Fundamental analysis
17 October 2025 83
Lyra_Moonwell1
Go to forecasts