February annual core inflation was 6.2% compared to 5.8% in January. The ONS has reported UK headline CPI inflation at an annual 10.4% for February, significantly higher than a Reuters survey consensus of 9.9% and a rise from the 10.1% recorded in January. In monthly terms, CPI was up 1.1% against a consensus of 0.6%, and compared to a fall …
David Bell, our Director and Financial Adviser, has been named as a VouchedFor ‘Top Rated Adviser’ for 2023. As decided by his clients. The list of top-rated adviser was recently distributed in The Times on Saturday 18th March 2023. What an accomplishment to be mentioned in such a prestigious newspaper! We are incredibly proud of David’s achievement, his commitment to …
The Bank of England’s Monetary Policy Committee has voted 7-2 to increase Bank Rate by 0.5% to 4%. This is despite inflation slowing for a second consecutive month following the peak of 11.1% in October. Interest rates are now at their highest level since the 2008 financial crisis following 10 straight increases since December 2021. Two members voted to maintain …
CPI inflation recorded an annual rise of 6.2% in February 2022 – the highest since March 1992’s growth of 7.1%. The latest figures from the ONS show that on a monthly basis, CPI rose by 0.8% in February, compared with a rise of 0.1% in February 2021. This was the largest monthly CPI increase between January and February since 2009. …
UK inflation hit 5.1% in November, exceeding expectations of 4.8% and reaching its highest point since September 2011. On a monthly basis, inflation increased by 0.7% in November, compared with a fall of 0.1% in November 2020. Richard Carter, head of fixed interest research at Quilter Cheviot wrote that “unfortunately for consumers, peak inflation may still be a few months …
CPI inflation rose from 3.1% in September to 4.2% in October, the highest 12-month inflation print since November 2011, according to the latest figures from the ONS. CPI increased by 1.1% over the month, compared with no change in October 2020. CPIH inflation, which includes owner occupiers’ housing costs, rose by 3.8% in the 12 months to October, up from …
