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CPI rate slips back to 10.7%

CPI inflation dropped back to 10.7% in November - from 11.1% in October - as petrol prices fell.

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FCA to warn pension savers about cash risk

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.

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CPI surges to 41 year high of 11.1%

The Consumer Prices Index rose to a 41-year high of 11.1% in October as prices rose in many sectors, with warnings of potential further rises to come.

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Bank increases base rate to 3%

The Bank of England today increased its base rate by 75 basis points from 2.25% to 3%, one of the biggest increases seen for 30 years. 

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