Markets rise as investors welcome Iraq’s deal to resume oil exports via Turkey – business live

Rolling coverage of the latest economic and financial news UK mortgage rates have climbed again today, as lender pull their cheaper deals from the market. Data provider Moneyfacts reports that the average 2-year fixed residential mortgage rate today is 5.30%, up from 5.28% on Tuesday. Average 2-year fix has risen from 4.83% at the start of March to 5.30% today. It’s highest since February 2025. Average 5-year fix has risen from 4.95% at the start of March to 5.35% today. It’s highest since Au...

By Graeme Wearden