BCC Warns UK Economy Will Experience its Second Weakest Decade By 2020
UK economy set to grow at “snail’s pace” says BCC
Wages rise faster than expected
Salaries are still outstripping inflation and rising prices
Water bills to drop from 2020
Several big water companies will cut prices for five years from 2020, thanks to an Ofwat review
Pensions pay-outs deemed too generous
The Pensions Regulator has recommended defined benefit pension schemes restrict cash equivalent transfer values
Payday lender Wonga in financial difficulty
The short-term loan provider has been hit with a surge of compensation claims in recent weeks
Average earnings have dropped £13 per week
UK salaries are still feeling the effects of the 2008 crash