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60 second news round-up: the top money stories of the week

adamlewis
Written By:
adamlewis
Posted:
Updated:
16/05/2016

Missed this week’s big money stories? Here’s our one minute summary of the key facts and figures from the last seven days.

Investment

With the vote of whether or not to stay in the EU getting ever closer, we looked at ways in which you can “Brexit-proof” your portfolio by assessing which will be the best and worst sectors in a Brexit scenario. Meanwhile staying on the theme of Brexit, which will likely dominate headlines until the referendum on June 23, we noted how the price of gold could surge further if voters opt to leave the EU. Away from the Brexit, investing in emerging markets was a theme of the week as we looked at four reasons why the region may be worth revisiting in terms of where to put your money. For those a bit wary of the risks involved we published a back to basics guide of how to invest in the region.

Household bills

While we all want one, none of us actually feel comfortable asking for a pay rise. With this in mind we provided advice on the top 10 things not to do as part of the sensitive negotiations. Meanwhile it was revealed those aged under 30, the so-called millennials, suffer greater inflationary pressures than any other generation, with their actual inflation rate three times higher than retirees and almost double the UK’s average rate. Lastly, for those not superstitious, it was revealed that massive savings can be had if you fly on Friday 13th, with flights to popular destinations being up to 41% cheaper.

Mortgages

The fear of being gazumped when buying a house may soon be a thing of the past after news the government is reportedly considering measures that could see the practice end. In the same week it was announced 100,000 property purchases fell through in 2015 – a massive 27% of all sales – with gazumping accounting for one fifth of the deals that fell through.