UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made ...

Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture ...

Thousand of retirees have been warned of a little-know tweak to the gold-plated pension scheme that could cost them £50,000.

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 ...

Savers with “gold-plated” private pensions face a £50,000 hit to their retirement incomes thanks to a little-known tweak to the way inflation is measured. Most “defined benefit” schemes – also known ...

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.

This 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 ...