The outlook may be a little bleak, but with a rising national living wage, the lifetime Isa and more protection for savers it’s not all badMany people will be understandably relieved to say goodbye to 2016, a year when the currency and stock markets went into flux at Britain’s decision to leave the European Union. Unfortunately, in personal finance terms at least, 2017 also looks bleak as consumers are expected to start seeing the full effects of the Brexit vote and how the drop in value of sterling will translate to the supermarket shelf.Elsewhere, householders can expect an increase in the cost of electricity, while motorists may see premiums on the up. Commuters, already worn down by strike-interrupted trains, can expect to see ticket prices go up yet again. Continue reading…
Source : theguardian.com
Read more…Happy new year? 2017 rings in more commuter misery and higher bills
