It's the Easter weekend and we’re all dreaming of long sunny days, cold drinks and barbecues. In reality, we’ll be huddling under umbrellas or stuck in traffic jams. So why not just have a sit down and catch up with this week’s money news instead.
1. Easter spending
Brits are expected to spend £1.7billion over the long weekend, as more people opt for an Easter staycation. More than 6.5 million people are expected to take a break in the UK, according to VisitEngland, up 10% on last year.
2. On the up
Car insurance premiums went up by an average of £110 last year, according to Confused.com. Newer vehicles, with complex electronics, sensors and cameras, have been the hardest hit as repairs and replacements are so expensive.
3. Rise of the self-employed
An incredible 174,000 people have become self-employed in the last year, that’s 478 a day, based on analysis by Direct Line.
4. Introducing the new bond
There was some rare good news for savers this week, with the launch of the new Savings Bond from National Savings and Investments (NS&I). The new savings account offers a fixed interest rate for three years, but is it right for you?
5. Not flying the nest
Parents don’t expect their children to leave home until they’re 25. The research from GoCompare.com also found one in five parents think their children have a better chance of inheriting a home than buying one.
We headed back to the pub in 2016. Brits spent a record £24bn on drinks in bars and restaurants last year, £400m more than in 2015. A taste from premium wine, beers and spirits is driving this trend, according to consultancy CGA Strategy.