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Lenders expect the availability of mortgages and consumer and corporate credit to shrink as more people and businesses default on loans.
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Cost of renting hits highest in a decade

The cost of renting a home has climbed to its highest in a decade, with rents having risen faster than wages in every month for almost…

Food inflation cooled slightly in May as lower energy and commodity costs finally showed signs of filtering down to consumers.
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UK inflation rate unchanged at 8.7% in May

Consumer price inflation failed to fall last month, piling pressure on the Bank of England to carry out an oversized increase to borrowing costs tomorrow to…