Rent, fuel, pensions and the economy

Rents across the UK are set to rise considerably faster than house prices over the next five years, according to property agents Savills.

It forecast that rents will go up by 19 per cent between now and 2021, while house prices will only rise by 13 per cent, the BBC reports. The gap will be even more pronounced in London, where it said rents will rise by 24.5 per cent, and house prices by 10.9 per cent. Fuel The price of diesel has risen faster than at any time in almost a decade as a result of a slump in the pound after the Brexit vote, the RAC said. The Times reports that almost £3 was added to the cost of filling the average car last month in a further sign that the vote to leave the EU may be harming family finances. Diesel prices increased quicker in the past month than at any time since May 2008 and are almost a fifth higher than at the start of this year. Pensions