Inflation

Savers hammered by surging inflation and falling interest rates

by

Savers hammered by double whammy of surging inflation and falling interest rates By James Salmon for the Daily Mail Published: 21:59 GMT, 21 February 2020 | Updated: 21:59 GMT, 21 February 2020 Millions of savers have been hit by a double whammy of surging inflation and falling interest rates. The number of accounts which pay … Read more

Inflation SOARS to 1.8% – its highest level in six months – due to petrol, energy and flight costs

by

Inflation SOARS to 1.8% – its highest level in six months – driven by an increase in petrol prices while energy bill and flights remain expensive at the start of 2020 The Consumer Price Index increased 0.5% from 1.3% to 1.8% in January Caused by higher prices at the pump and airfares falling by less … Read more

Hundreds of savings accounts now beat inflation as CPI falls

by

Hundreds of savings accounts now beat inflation as the official rate falls to 1.3% – including 17 easy-access deals Highest number of accounts which match or beat CPI since August 2016 Figures from Savings Champion found 17 of those are easy-access deals The fall to 1.3% may mean a base rate cut could be due, … Read more