UK inflation hits a 15-month low in February
The rate of inflation hit a 15-month low in February, according to the Office for National Statistics, but failed to ease fears that high oil prices may prevent it falling as quickly as previously thought.
Important dates for your diary
- 21st March – The Budget 2012
- 5th April – UK tax year end. Don’t leave it too late to top up ISAs and pension contributions for 2012. Many providers will have set their own deadlines in advance of this date.
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 …
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 …
UK inflation hits 4.5% in August
Inflation in the UK rose to 4.5% in August on the government’s preferred consumer prices (CPI) measure, up from 4.4% in July.
The broader retail prices index (RPI) showed a rise to 5.2% in August, up from 5% in July.…