Sterling spikes as inflation beats expectations to hit six-month high of 2.7%

Tom Eckett
clock • 2 min read

UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.

According to the Office for National Statistics (ONS), the Consumer Prices Index (CPI) rose to its highest level since February, driven by increasing prices for transport services, clothing and rec...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: From load to lever - AI's mispriced role in the energy transition

Partner Insight: From load to lever - AI's mispriced role in the energy transition

Electricity demand associated with AI is testing already-constrained power systems. Could the same technology also help reduce energy waste, manage demand, unlock grid capacity and integrate clean power?

Allspring Global Investments
clock 20 October 2026 • 6 min read
Savers believe pension funds should back infrastructure and UK growth

Savers believe pension funds should back infrastructure and UK growth

Research from IFM Investors suggests public backing for infrastructure investment

Alex Levy
clock 12 October 2026 • 3 min read
M&G launches first LTAF in bid to widen access to private credit capability

M&G launches first LTAF in bid to widen access to private credit capability

Targeting net returns of SONIA plus 5% per annum over five years

Jonathan Stapleton
clock 12 October 2026 • 2 min read
Trustpilot