Tag Archives: UK inflation
Inflation ticks up yet again: what it means for pension savers and retirees
The Consumer Price Index (CPI) measure of inflation rose from 10.1% in January to 10.4% in February, according to Office for National Statistics figures published this morning. Ouch. If it wasn’t difficult enough, this morning’s surprise inflation figures make the … Continue reading
What 5.5% inflation means to those without savings
UK inflation has increased to the highest rate in 30 years, squeezing living standards and putting pressure on the Bank of England to raise interest rates again. According to data published by the ONS today, consumer prices rose at an … Continue reading