UK inflation surges to 3.25% with record jump

The inflation rate’s biggest increase since records began in 1997

Kathleen Gallagher
clock • 2 min read
AJ Bell head of personal finance Laura Suter
Image:

AJ Bell head of personal finance Laura Suter

The UK inflation rate rose to 3.2% in August from 2.1% in July, the biggest increase since records began in 1997.

The rate was driven primarily by restaurants and hotels, recreation and culture and food and non-alcoholic beverages, according to the Office for National Statistics (ONS). However, the ONS also...

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

Industry in favour of moving new public sector staff into DC schemes

Industry in favour of moving new public sector staff into DC schemes

PP poll finds 79% of respondents back findings of report by Policy Exchange

Martin Richmond
clock 13 February 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Deloitte scheme and Standard Life’s £700m buy-in, Aviva fast-track process for buyouts, WTW BPA market predictions

Professional Pensions
clock 13 February 2026 • 1 min read
News Digest: Capita inherited thousands of unread emails and 20 million database errors on CSPS transfer

News Digest: Capita inherited thousands of unread emails and 20 million database errors on CSPS transfer

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 13 February 2026 • 1 min read
Trustpilot