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Money blog: Why the 'Santa rally' could boost your investments; Sainsbury's opens first ever airport store


Published on 2024-12-13 13:21:09 - Sky
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  • The so-called Santa rally affects stock markets at this time of year - but what does it mean for investors? We've also got wine recommendations for every budget from a sommelier and a top restaurateur.

The article from Sky News discusses various financial topics affecting the UK economy. It highlights the ongoing cost-of-living crisis, with a focus on the energy sector where Ofgem has announced a £16 price cap increase, adding to household bills. Mortgage rates are also a significant concern, with the Bank of England's base rate decisions influencing mortgage costs; there's mention of potential rate hikes to combat inflation. Consumer finance is touched upon with insights into how people are managing their finances amidst rising costs, including tips on saving money and managing debt. Additionally, the article covers the performance of the pound against other currencies, reflecting economic stability or instability. Personal finance advice includes strategies for dealing with the economic downturn, such as energy-saving tips and investment advice in light of economic forecasts. The overarching theme is the interplay between government policy, economic indicators, and personal financial management in the current economic climate.

Read the Full Sky Article at:
[ https://news.sky.com/story/money-live-mortgage-consumer-personal-finance-energy-pound-economy-latest-sky-news-13040934 ]