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Inflation unmasked: How it affects your savings and why it matters

Rising inflation continues to erode gains on millions of peoples savings accounts up and down the country, new findings reveal.    Fresh figures from the Office for National Statistics today showed that rising furniture and food prices pushed the Consumer Prices Index up to 0.7 per cent in January, up from 0.6 in the year to December. This means CPI has crept up to the highest level in four months, but still remains below the Governments 2 per cent target.  This is still a long way short of...
United Kingdom Pete Comley Charles Hepworth Derrick Dunne Rachel Springall Howard Archer

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