CPI inflation fell from 3.4% in February to 3.2% in March, its lowest level for two and a half years, according to ONS figures published today.

The UK economy returned to growth in August, with a 0.2% increase in GDP, according to figures released by the Office for National Statistics (ONS) this morning.

CPI inflation has fallen to 7.9% for the year to June, the lowest level seen for over a year.

The UK economy saw zero growth in February following a surprise 0.4% jump in GDP growth in January, according to the latest figures from the Office for National Statistics (ONS).