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THE UK’s rate of inflation has slowed – but millions will still be hit with hefty bill price hikes later this year. The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 2.5% in the 12 months to December. 1 Inflation slowed in the 12 months to December, the ONS saidCredit: Getty…
THE BANK of England has opted to hold interest rates at their current level to the disappointment of homeowners. During today’s meeting of the Monetary Policy Committee (MPC), the BoE’s rate-setters kept the base rate at 4.75%. 1 The Bank of England has opted to hold interest rates at 4.75%Credit: Alamy Most economists had predicted the central bank to keep interest…
