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.
The Bank of England keeps interest rates at 0.5%
The Bank of England has decided to hold interest rates at 0.5%. The Bank of England has kept its interest rate at this record low since 5 March 2009.…
An end to contracting out
From 6 April 2012 the Government will remove the option to contract out of the State Second Pension (S2P, formally known as SERPS). This change will affect everyone who is currently contracted out into non-final salary pensions (commonly known as …
UK inflation rate falls to 3.6% in January
The Consumer Prices Index (CPI) measure of inflation fell to 3.6% in January, down from 4.2% in December, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 3.9% from 4.8%.…