There’s also a roundup of the latest personal finance news, and some news of a big new appointment at Informed Choice.
Personal finance news
-The Bank of England’s Monetary Policy Committee has voted to keep interest rates on hold at 0.75%. All nine MPC members voted for no change to interest rates this month, keeping them at the same level since last August.
-The finance industry prevented £1.66 billion of unauthorised fraud during 2018. It means they effectively stopped £2 in every £3 of attempted unauthorised fraud, according to the latest report, Fraud the Facts 2019, from UK Finance.
-Manufacturing output growth in the quarter to March was at its weakest since May 2018, according to the latest monthly CBI Industrial Trends Survey. The survey of 358 manufacturers found that total order books softened slightly on the previous month, while remaining above their long-run average.
-Retail sales rose by 0.4% in February, according to the latest official figures. However, food sales experienced their largest fall since December 2016, down 1.2% month-on-month.
-A new survey has ranked Paris as the most expensive city in the world, alongside Hong Kong and Singapore. The survey from the Economist Intelligence Unit saw Paris move from second to joint first place.