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Planners react: Monthly IHT receipts rise £100m

Inheritance tax (IHT) receipts received by HM Revenue and Customs (HMRC) rose by £100m year-on-year to £1.1bn for the period from April to May 2022.

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CPI hits 6.2% as inflation bubble continues

The Consumer Prices Index (CPI) jumped by 6.2% in the 12 months to February 2022, markedly up from 5.5% in January.

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Inflation hits 30-year high

Inflation rose to 5.5% in January, continuing its run of the country’s highest inflation rate in 30 years.

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