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Sweden’s mortgage rates to decline, says SBAB CEO

Bloomberg Swedish mortgage rates can decline by as much as 0.15 percentage points as larger market participants seek to reverse a slide in market share, SBAB CEO Klas Danielsson was cited as saying by newspaper Svenska Dagbladet. Still, such a decline in mortgage rates “won’t be decisive” in spurring further house price gains, according to the chief executive of the ...

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UK firms hire the most in 23 years after lockdown loosens

Bloomberg UK companies are on a hiring spree after the government relaxed lockdown rules, employing permanent staff at the fastest pace in 23 years and advertising the most vacancies in three years. The figures from consultant KPMG and online job placement agency Adzuna add to evidence that the economy is bouncing back strongly from last year’s recession. That will feed ...

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German unemployment falls in May

Bloomberg German joblessness fell in May, adding to signs that the economy is starting to turn the page on the coronavirus pandemic as restrictions are loosened. The drop of 15,000 put the total number of unemployed at 2.74 million, keeping the rate at 6%, according to Federal Labour Agency. Germany’s infection rate has fallen sharply over the last five weeks ...

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