UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage rates – business live

Rolling coverage of the latest economic and financial news It’s not just motor fuel prices that are falling. The average cost of a fixed-rate UK mortgage dipped again yesterday, to 5.52% for both two-year and five-year loans. “June has been a far better month for drivers on the back of the announcement of a deal between the US and Iran to end the conflict. The price of oil has fallen dramatically and prices at the pumps have reflected that.” Continue reading...

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