logo
welcome
Sky News

Sky News

Seven high street names accused of 'blatant profiteering' for raising mortgage rates while cutting savings rates

Sky News
Summary
Nutrition label

71% Informative

HSBC, Lloyds , Nationwide, Halifax , Barclays and First Direct have raised mortgage rates.

Savings rates are more likely to be linked to the base rate, which was cut last month .

90% of mortgage deals are funded via swaps/gilts, which have been rising.

VR Score

78

Informative language

83

Neutral language

24

Article tone

informal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links