Personal Finance

The outlook for Britain's housing market is darkening fast ahead of Brexit, with sales expectations falling to their lowest level in at least 20 years by one measure, surveys showed on Thursday.
- Lenders in Britain expect demand for mortgages and credit card lending to fall by the greatest extent in several years, a Bank of England survey showed on Thursday, adding to signs of an economic slowdown before Brexit.
British inflation hit its lowest in nearly two years in December as fuel prices fell, leaving the Bank of England under no pressure to carry on raising interest rates as uncertainty over Brexit dominates the economic outlook.
The cost of a comprehensive motor insurance policy fell 6 percent in Britain in 2018, according to a survey, which indicated potential trade barriers brought on by the country's looming exit from the European Union would hurt prices in 2019.
Big British banks have been criticised by lawmakers for pressing ahead with plans for a new complaints service for small firms wronged by lenders, which they argue is too soft.

Personal Finance

A fresh warning comes from the Insolvency Service, which says it has shut down 24 companies found to be guilty of pension abuse since 2015.
A retired engineer has slashed his lighting bill by using LED bulbs – why isn’t everyone doing it?
The RAC sent out a letter that did not disclose a 37 percent increase in a premium, something insurers are required to do by law
The average price for a comprehensive car insurance policy rose by 2.7 per cent to £609.93 in the last quarter of 2018, according to the AA.
THE top retirement destination for British expat pensioners has been revealed with 20 percent of state pension claims being made from Australia last year, according to new research.

We have sourced our news from Reuters and The Telegraph. Whilst every care is taken in selecting the source of our information, Monetary Solutions is not responsible for the accuracy of the information contained within external websites.