How low will petrol prices fall?

As crude oil prices continue to fall, consumers are making the most of the lowest petrol prices in six years.

Tesco, Morrisons, Sainsbury's and Asda have all slashed the price of petrol and diesel at the pump, with a garage in Birmingham being the first to break the magical £1 a litre mark.

How much further can we expect prices to fall?

Swiss Franc Soars After Euro Peg Is Scrapped

The Swiss bank slashed interest rates to -0.75 percent, abandoning its control of the exchange rate. Causing the Swiss franc to rise by almost 30 percent against the euro.

The Swiss National Bank's decision to scrap its exchange rate control saw the currency move to parity with the euro. Previously the franc was restricted to a maximum value of €0.83. Swiss stock markets immediately dived by more than 10 percent, sending the euro-franc currency markets into a state of panic.

Inflation Shrinks To All Time Low

In December of 2014 the UK saw inflation drop to a record breaking low of just 0.5 percent. This news has delighted British consumers, but could also hint at a more worrying prospect - a global deflation.

This new low marked the fourth time in a five month period that we have seen a fall in inflation. Currently the lowest since records began in 2000.