Nationwide starts race to slash mortgages as oil prices plummet and UK interest rate cuts 'more likely' before year end
Lender Nationwide is slashing mortgage rates as the Iran peace deal sends oil prices sliding and raises hopes that the Bank of England could cut borrowing costs.
Oil Prices Tumble on Hormuz Reopening Hopes
- Oil falls as markets weigh return of supply, peace deal RTE —
- Goldman Sachs slashes oil price forecasts after Iran deal The Telegraph —
- Oil sinks below $80 a barrel as traders bet Hormuz flows will return Financial Times —
- Oil prices dip close to levels seen before Iran war on hopes over shipping route The Argus —
- Petrol could drop by 8p within a fortnight – if Trump’s deal holds The i Paper —