There are still "many bumps in the road" and the problem is "far from over", despite the rate of inflation holding steady at 4% in January. That was the warning from many in the financial-services sector today following the news the Consumer Prices Index (CPI) remains unchanged. However, many had predicted it would
The latest CPI inflation figures show headline remaining at 4% and food inflation falling 1.1 percentage points to 6.9% in January, its first monthly fall
The Bank of England decision to leave interest rates frozen at 5.25%. This is the fourth consecutive time, although possible cuts are expected later in
Industry analysts have responded to the surprise inflation rise to 4% in December 2023, up from 3.9% in November, largely driven by rises in the price of