Inflation

The inflation rate for elderly households was more than double the government's inflation target in 2006, according a report from Alliance Trust.

Chancellor of the Exchequer Gordon Brown claims Great Britain now has the healthiest inflation level for over a century and has climbed the table to have the 2nd highest economic growth of the G7.

House prices will continue to inflate as three million people plan to buy a new home in the next six months, says a new report.

Kensington Group, the specialist lender for customers with patchy credit histories, has put itself up for sale in what could be a £500m deal, says the Scotsman .

One in 20 teenagers does not believe money borrowed on a credit card needs to be repaid, according to a study conducted by the Personal Finance Education Group, reports the Financial Times .

House prices rose by 1.3% to an average £188,623 in January, but other indicators suggest the market will slow by the end of the year, according to the latest Halifax house price index.

Pay settlements in the three months to 31 January have delivered the biggest average UK pay rises in nearly six years, raising fears last year's surge in energy prices will be converted into permanently higher inflation, reports the Times.

Minutes from the Monetary Policy Committee's latest interest rate hike decision suggest further interest rate rises may have far less support than expected.

Government pension policy for the over-75s could turn people away from saving in pensions, warns Alliance Trust.

House price inflation for 2006 hit 10.5% after a fall in supply helped push prices up another 1.2% in December alone, reports Nationwide.