Workplace pension contributions drop by 11%

UK pension savers paid 11% less into workplace defined contribution pension schemes as the Coronavirus pandemic hit the UK, according to new data from the Office for National Statistics (ONS).

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CPI inflation slides down to 0.3%

CPI inflation showed a sharp drop last month from 0.7% in October to 0.3% in November as Black Friday price cuts and shop sales nudged prices down.

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UK growth slows at 8% below pre-pandemic levels

The UK economy grew by 0.4% in October as the economic recovery continued to slow with the UK economy remaining around 8% below its pre-pandemic peak, according to the latest figures from the Office for National Statistics (ONS).

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CPI inflation rises from 0.5% to 0.7% in October

The Consumer Prices Index (CPI) 12-month rate rose to 0.7% in October from 0.5% in September, continuing a recent rising trend.

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