DB transfers near £10bn in Q4 2019

Almost £10bn was transferred out of defined benefit pensions in the final quarter of 2019, according to official data.

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CPI inflation shows sharp fall to 0.5%

The Consumer Prices Index (CPI) 12-month inflation rate fell significantly to 0.5% in May - the lowest rate for four years.

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1 in 4 ‘paused’ firms to resume trading soon

An ONS business survey suggests that many ‘paused’ businesses will resume trading in the next four weeks as cash reserves dwindle.

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CPI inflation sees large fall in April to 0.8%

CPI inflation fell in April to 0.8% from 1.5% in March, driven down mainly by falling fuel and energy costs.

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