Weekend catchup — this week’s personal finance headlines

UK inflation in August dropped to its weakest level since December 2016, driven by the prices of computer games and clothing, and offering a boost for consumers against the backdrop of a strong labour market and Brexit-related economic uncertainty, writes Bethan Staton. The decline in inflation, ahead of a meeting of the BoE Monetary Policy Committee, weakened any pressure to increase interest rates. The aggressive pricing strategy at the new venture, Schroders Personal Wealth, comes as it seeks quickly to become a big player in the financial advice market and meet ambitious asset growth targets.