Losing interest
Possibly the least contentious financial prediction one can make for 2017 is that inflation in the UK will go up. The consensus among economists is that it will reach at least 3 per cent sometime next year and some think 4 per cent more likely. This, of course, is thanks to the drop in sterling’s value against most other currencies since the European Union referendum, which has made our imports more expensive to buy with enfeebled pounds and pence.