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My pension was rescued when an old employer went bust, but why don’t the payments ever rise with inflation? Steve Webb replies By Steve Webb for This Is Money Published: 07:54 GMT, 9 November 2020 | Updated: 07:54 GMT, 9 November 2020 For a number of years now the Pension Protection Fund has paid my … Read more
Savings shame of the big banks: High Street savers see their money waste away as inflation devours the meagre returns of rock-bottom rates The Consumer Prices Index more than doubled to 0.5% in September This cut the number of inflation-matching accounts by around a third to 444 Even after the rise, inflation is still historically … Read more
Inflation at 0.4% after Chancellor Rishi Sunak’s Eat Out to Help Out deal ends By Dan Atkinson, Financial Mail on Sunday Published: 21:50 BST, 17 October 2020 | Updated: 21:50 BST, 17 October 2020 Inflation is tipped to rebound to 0.4 per cent in statistics due out this week. The September surge in the Consumer … Read more
Could inflation plunge to 0.2% put dampener on your funds? By Sarah Bridge, Financial Mail on Sunday Published: 21:51 BST, 19 September 2020 | Updated: 21:51 BST, 19 September 2020 A low inflation rate is usually cause for celebration among savers. But experts are warning that the dramatic fall announced by the Office for National … Read more
BUSINESS LIVE: Inflation dives to 0.2%; Housebuilder Redrow reveals earnings slump; Zara owner returns to profit By This Is Money Published: 08:06 BST, 16 September 2020 | Updated: 08:06 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air fares suppressed prices. The CPI measure dropped from 1 … Read more
CPI inflation rate plunges to just 0.2 PER CENT as government’s Eat Out discount scheme and tumbling air fares keep prices down By James Tapsfield, Political Editor For Mailonline Published: 07:21 BST, 16 September 2020 | Updated: 07:28 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air … Read more
US central bank ripping up its rule book as it attempts to rebuild America’s economy in aftermath of coronavirus By Lucy White For The Daily Mail Published: 22:18 BST, 27 August 2020 | Updated: 22:18 BST, 27 August 2020 The US central bank is ripping up its rule book as it attempts to rebuild America’s … Read more
HAMISH MCRAE: Eventually inflation will come through, interest rates will shoot up – and bond investors lose a packet By Hamish Mcrae, Financial Mail On Sunday Published: 21:53 BST, 22 August 2020 | Updated: 21:53 BST, 22 August 2020 Deflation or inflation? It can’t be both and it matters massively to all of us which … Read more
The number of savings accounts that now beat inflation have dropped four fifths thanks to a surprise rise in the cost of living. Inflation jumped to its highest level for four months in July, with the Consumer Price Index increasing from 0.6 per cent to one per cent, according to the Office for National Statistics. … Read more
A shock jump in inflation last month has sparked fears that Britain could face a cost of living crisis as the impact of the recession hits people hard in their pockets. With further mass job cuts on the cards as the Government’s furloughing scheme comes to an end in the autumn, higher prices for products … Read more