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Planners react: UK households cut down on saving

Only 46% of people expect to be able to save money during 2022, according to a new report.

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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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Pandemic failed to halt growth of workplace pensions

The percentage of workplace pension savers who actively stopped saving fell slightly during the Coronavirus pandemic, according to data released this morning.

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Bank of England maintains rate at 0.1%

The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, despite rising inflation fears.

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