Personal Finance

The Bank of England kept interest rates steady on Thursday and said most businesses felt as ready as they could be for a no-deal Brexit that would likely hammer economic growth and jobs.
British private-sector employers expect to give staff a basic annual pay rise of 2.5 percent this year, the same as in 2018, though some will delay awards until after government Brexit plans are clearer, an industry survey showed on Thursday.
Britain's main inflation rate ticked up last month but stayed close to January's two-year low, helping consumers maintain their spending power as wage growth also picked up, even though the timing of Brexit remained uncertain.
British employers ramped up their hiring at the fastest pace since 2015 in the three months to January as the labour market defied broader Brexit weakness in the overall economy.
British households were the most downbeat about their finances in over a year this month and the approach of Brexit made them more cautious about making major outlays, a survey published on Monday showed.

Personal Finance

Politicians, students and their parents have obsessed over the size of university loans for years, particularly since tuition fees rose to more than £9,000 a year.
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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.