Personal Finance

House prices in London fell at the fastest pace in almost 10 years in May, according to official data that also showed inflation hitting the Bank of England's 2% target for a second month running in June.
The European Union's markets watchdog has published draft guidelines to harmonise how performance fees are calculated for EU-regulated retail investment funds.
British wages, excluding bonuses, rose at their fastest pace in nearly 11 years, official data showed on Tuesday, but there were potential signs of future weakness in jobs growth, the economy's silver lining since the Brexit referendum.
Asking prices for British homes fell this month for the first time this year as buyers' confidence took a hit from the escalating uncertainty around Brexit, property website Rightmove said on Monday.
The cost of an annual comprehensive motor insurance policy in Britain rose 3.5% in the second quarter of 2019, lifted by a rise in the cost of claims, a survey on Monday showed.

Personal Finance

Inheritance tax – Britain’s most detested tax – is set for an overhaul.
The boundary of where financial advice starts and information begins is “almost impossible” to define, the FCA has said.
A financial advice firm involved in a lawsuit with former client Alan Shearer has been declared in default by the Financial Services Compensation Scheme (FSCS), along with four other financial advice firms.
Labour is promising to end in-work poverty in its first term if it wins the next election.

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