UK inflation drops to 5% in October
The Consumer Price Index (CPI), the government’s preferred measure of inflation, stood at 5% in October 2011, down from 5.2% in September – a bigger fall than expected.
Some experts are now predicting the Bank of England’s long-held belief that …
Inflation hits new highs, what does this mean for savers?
With the Bank of England base rate set at 0.5% it is difficult to get high returns form cash at the moment. To retain the purchasing power of your money you need to ensure that the return you are receiving …
What do RPI and CPI actually mean?
RPI and CPI have been in the news a lot recently, but what do they actually mean and why are they used to measure inflation?
RPI (the retail price index) is basically a measure of how much the price of …
Inflation hits new highs
Inflation hits a high of 5.2% in September 2011.…
Your retirement income choices explained
After years of saving into your pension pot and you’ve decided that you want to retire, you’ll need to decide what you want to do with the money. You can normally start taking your income from age 55. There are …