UK inflation hit its highest level in 12 months in January, increasing by 0.3% year-on-year, but is still way off the Bank of England's 2% target.
The Office for National Statistics (ONS) said the 0.3% increase in the Consumer Prices Index (CPI) last month is the third consecutive rise and comparable to the 0.2% rise seen in December. Moto...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
