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The latest inflation figures for the UK were published this week by the Office for National Statistics (ONS).  The main rate of inflation used in the UK is now the Consumer Prices Index (CPI). The CPI figure for the year to the end of September 2013 is 2.7% and is

With the latest inflation figures showing RPI at 5.6% pa and CPI (the governments preferred measure) sitting at 5.2% pa it easy to be startled by the headlines – inflation is currently high and well above the Bank of England’s target of 2.0%. The issue of whether the Bank of England

The inflation figures for the UK economy released on 18th October 2011 for the year ending in September 2011 have confirmed the continuing upward trend.  The Retail Prices Index (RPI) measurement is now 5.6% pa (the highest since June 1991) and up from 5.2% in August. The Consumers Prices Index

The latest inflation figures (released on 16th August 2011) provided no surprises with CPI increasing to 4.4% (up 0.2% from June) and RPI steady at 5.0%. So what has this got to do with rioting and railways? Quite a lot actually… Picture the scene. It’s early January. The temperature at

Inflation figures (released on 16th August 2011) provided no surprises as CPI increased to 4.4% (up 0.2% from June) and RPI remained steady at 5.0%. Risers Unusually there was not one single component that drove the increase in CPI annual inflation between June and July. Instead, upward pressures

For couples and individuals who rely on savings income to make ends meet times are getting bleaker. The Bank of England (BoE) Base Rate remains at an all time low of 0.5% despite the fact that Consumer Price Index (CPI) inflation is now running in excess of 4.5%. There

The Bank of England’s Monetary Policy Committee (MPC) have yet again  voted to keep interest rates at 0.5%. It is now 25 months since rates were first set at this record level, but despite the fact that inflation is set at more than twice the Banks 2% target rate, the rate setting committee have