Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture ...
Prices in the UK rose by 2.5% in the 12 months to December, a slightly smaller increase than in November, but still above the Bank of England's target. The Bank moves interest rates up and down to ...
Thousand of retirees have been warned of a little-know tweak to the gold-plated pension scheme that could cost them £50,000.
Savers with “gold-plated” private pensions face a £50,000 hit to their retirement incomes thanks to a little-known tweak to ...
Most analysts had been expecting the inflation rate to remain unchanged at 2.6% last month, although December's headline figure nonetheless remains above the Bank of England's 2% target.
Retirees with private “defined benefit” pensions could lose tens of thousands of pounds due to a change in how inflation will be measured, experts have warned.
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Is it true pensions won't be increased by RPI inflation after 2030? STEVE WEBB repliesThis measure is thought to provide a more accurate measure of inflation than the current RPI. The Office for Budget ... at [email protected]. Steve will do his best to reply ...
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