Business news

Bank of England raises interest rate to 0.75%

Homeowners on variable mortgages could face higher costs.

Stamp duty break saves first-time buyers £284m

Around 121,500 buyers benefitted from the tax break.

MPs call for end to Lifetime ISA

Treasury committee criticises “complex” savings product.

HMRC confirms ‘soft landing’ for MTD

Digital linking requirements will be eased for 2019/20.

Ombudsman ‘not ready’ to handle more SME disputes

Small businesses ‘lack options for handling financial disputes’.

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