Negative interest rate debate becomes 'very real' as UK inflation plunges to 0.8%

Mike Sheen
clock • 2 min read

The debate concerning negative interests in the UK has now become “very real” after the UK Consumer Prices Index (CPI) 12-month inflation rate dipped to 0.8% in April from 1.5% in March, recording its lowest reading since August 2016 and putting it on course to hitting 0% in the coming months, according to market commentators.

Office for National Statistics (ONS) figures released this morning (20 May) show that CPIH, which also measures owner occupiers' housing costs, was 0.9%, down from 1.5% a month earlier, as the impa...

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 Industry

Buzz: Is enough progress being made to meet Mansion House commitments?

Buzz: Is enough progress being made to meet Mansion House commitments?

Mansion House Accord, state pension, ‘administrative logjam’ and VfM

Professional Pensions
clock 26 October 2026 • 1 min read
Budget 26: What is the pensions industry expecting?

Budget 26: What is the pensions industry expecting?

Industry sets out predictions as speculation grows ahead of Wednesday

Holly Roach
clock 26 October 2026 • 7 min read
Providers report increasing saver demand for pension tracing tools

Providers report increasing saver demand for pension tracing tools

Raindrop research finds 82% of providers reported rising demand for tracing capabilities

Martin Richmond
clock 26 October 2026 • 2 min read
Trustpilot