Chancellor to axe RPI - but not until 2030
- Wednesday, 25 November 2020
- Articles
Chancellor Rishi Sunak is to scrap the RPI measure of inflation used to calculate millions of pension holders’ annual pension increases despite strong opposition.
Read more...CPI inflation rises from 0.5% to 0.7% in October
- Wednesday, 18 November 2020
- Articles
The Consumer Prices Index (CPI) 12-month rate rose to 0.7% in October from 0.5% in September, continuing a recent rising trend.
Read more...CPI inflation rate bubbles up to 0.5%
- Wednesday, 21 October 2020
- Articles
The end of the Eat Out to Help Out scheme - which ran in August - caused a spike in inflation in September as eating out costs rose.
Read more...Eat Out scheme cuts inflation in August to 0.2%
- Wednesday, 16 September 2020
- Articles
The Consumer Prices Index (CPI) measure of inflation fell sharply from 1% in July to 0.2% in August as the Eat Out to Help Out restaurant scheme kicked in and helped lower eating out prices.
Read more...