Water and sewerage bills in England and Wales will rise on average by 5.7% to £376 from April, with some customers paying 8.2% more.

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Average water bills to rise 5.7%

Britain is already technically in recession, and unemployment will rise further, economic forecaster the Item Club warns.

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UK in recession, says think tank

China’s military spending will rise in 2011 to about $91.5 billion, resuming a long string of double-digit annual increases after an unexpected slowdown in 2010.

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China Increases Military Spending by 12.7 Percent

Inflation will rise sharply in the first half of this year and growth will be weaker, says Bank of England governor Mervyn King.

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Inflation ‘to increase sharply’

Mortgage arrears and repossessions will rise modestly next year, the Council of Mortgage Lenders predicts.

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Repossessions to rise say lenders

Teenage pregnancy rates will rise unless the government takes renewed action, a review for England warns.

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Action on teenage pregnancy urged

Investors are betting that inflation will rise to a level that more than compensates for the premium they paid initially for five-year Treasuries.

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Inflation Bonds Are Sold With Negative Yield for First Time

The health budget will rise this week, but tough times lie ahead

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NHS pain will go on

The upper limit on the amount that can be saved in an Individual Savings Account will rise by £470 next year.

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Isa allowance to go up in April

September’s inflation figures mean benefits will rise next April by the CPI’s 3.1% – but pensions will increase by the higher 4.6% RPI.

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UK inflation rate stays at 3.1%