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Sixty Icon UK economy boosted by wage growth and rising output, two surveys say
Adzuna study reports modest rise in average salary for job vacancies while CBI survey shows growth in economic output.
The Guardian - Posted 28/12/2017

Sixty Icon John McDonnell: 'Alarming' household debt to keep rising
Shadow chancellor John McDonnell says the "alarming increase" in average household debt is set to continue over the next four years.
BBC - Posted 28/12/2017

Sixty Icon Britons borrow an average £452 each on credit cards at Christmas
Survey by uSwitch finds that half of people worry they will still be trying to clear the debt by next December.
The Guardian - Posted 27/12/2017

Sixty Icon Housing market optimism falls to all time low: Lloyds
Consumers are significantly more pessimistic about the UK economy than they were 12 months ago, according to Lloyds Bank research.
Financial Reporter - Posted 27/12/2017

UK energy cap could have been avoided, lobby group says
Body representing big six suppliers says price cap is not inevitable and could have been avoided if industry had acted more quickly on ‘rip-off’ tariffs.
The Guardian - Posted 27/12/2017

UK economy accelerates to defy gloomy forecasts
Britain’s economy grew by 0.4pc in the third quarter and by 1.7pc on the year, an unexpectedly strong result which indicates the UK is proving more resilient than feared.
The Telegraph (register) - Posted 27/12/2017

Falling home sales and a letting fee ban: is this the end of the high street estate agent?
Step into trendy Sans Pere in London’s Shoreditch and you can pick up a flat white or a chia seed pot, and shop for scented candles, a Scandinavian-designed sofa – or even a home.
The Telegraph (register) - Posted 27/12/2017

UK firms feeling bullish as they enter 2018, research suggests
Business leaders are ending the year on a “positive note” with bullish expectations for their firms in 2018, research from the Institute of Directors has found.
The Telegraph (register) - Posted 27/12/2017

Remortgaging your home: Should you do it in 2018?
Remortgaging can help you save money and guard against any interest rate rises, although there are some downsides to consider.
The Independent - Posted 27/12/2017

'Zero real wage growth' forecast for 2018
The UK's pay squeeze will end next year, but a meaningful pay rise remains out of sight, an influential research group has warned.
BBC - Posted 27/12/2017

Sixty Icon Warnings of post-Brexit price rises unless UK can copy EU trade deals
British Retail Consortium says everyday products such as food and clothing could rise when UK leaves the bloc.
The Guardian - Posted 27/12/2017

Sixty Icon UK incomes see sluggish growth
Real disposable incomes grew just 0.2% in the third quarter of 2017 from the previous three months as the weak pound continued to fuel inflation, the Office for National Statistics said.
BBC - Posted 27/12/2017

The RF Earnings Outlook Q3 2017
In Q3 2017 labour market observers were looking for signs that nominal pay growth could finally be picking up or that the British job creation machine was running out of steam. There was evidence of both, and the big question for 2018 is whether they’re sustained.
Resolution Foundation - Posted 27/12/2017

PDF: The RF Earnings Outlook - Q3 2017
A look beyond the headline data on the forces behind current developments in pay, how the fruits are shared, and the short- and longer-term drivers of earnings growth.
Resolution Foundation - Posted 27/12/2017

2018 risks being a standstill year on pay – and on this the public agree with the experts
Britain’s pay squeeze is set to get worse before it gets better next year, and public expectations appear to be moving in line with experts’ pessimistic predictions, the Resolution Foundation said today (Wednesday) in its latest Earnings Outlook.
Resolution Foundation - Posted 27/12/2017

Sixty Icon 2018 risks being a standstill year on pay
2018 looks set to be a standstill year. On the biggest political issue of our time we will spend all 365 days of it leaving, but not out, of the EU. It also looks set to be a standstill year for our economy as most people experience it – on pay and employment we may well end it pretty much where we began.
Resolution Foundation - Posted 27/12/2017

Watershed year for equity release in the UK home lending market
The membership of the Equity Release Council in the UK has increased annually by 23%, rising to 219 from 178 at the same time last year, boosted by new entrants to the market, the latest official figures show.
Property Wire - Posted 27/12/2017

Zero real wage growth in Britain until end of 2018, thinktank forecasts
Pay squeeze is likely to get worse before it gets better, says Resolution Foundation, with pressure lifting late next year.
The Guardian - Posted 27/12/2017

Sixty Icon UK house price growth to slow dramatically in 2018, say experts
Fear of interest rate rise and Brexit expected to either halt house price growth or result in a small below-inflation rise.
The Guardian - Posted 26/12/2017

Generation Rent could end up being glad that they never bought
What’s the best investment you could make? In the UK, most people would argue it was housing, which is why so many of us spend every penny we can scrape together getting either ourselves or our children on to the property ladder.
The Telegraph (register) - Posted 26/12/2017

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