Informed Choice Personal Finance News 1pm Friday 8th January 2016

Jan 08, 2016, 12:57 PM

Personal finance and investing news bulletin from Informed Choice at 1pm on Friday 8th January 2016 #investing #news #personalfinance #money

In this personal finance and investing news update - 1) European stock markets have risen today after a rise in the value of Chinese shares overnight, 2) Star fund manager Neil Woodford is calling for a radical restructuring of GlaxoSmithKline, 3) Household debt in the UK has reached its highest level in five years, 4) The UK trade deficit has narrowed from £3.5bn to £3.2bn as a result of falling oil imports, 5) The government has rejected calls for new transitional arrangements to soften the financial impact of increases to the state pension age for women.