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Bank of England increases base rate to 0.5%

The Bank of England has increased its base rate from 0.25% to 0.5% today as it looks to battle rising inflation.

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Planners react as inflation hits 30-year high

UK inflation (CPI) rose by 5.4% in the 12 months to December, hitting a 30-year high.

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CPI hits 5.1% as inflation bubble continues

The Consumer Prices Index (CPI) hit 5.1% in November, the highest rate in over 10 years.

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State Pension to rise by 3.1% from April

The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.

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