UK inflation dips slightly to 3.1% in September

DB schemes likely to see an increase in liabilities

clock • 2 min read
Bank of England governor Andrew Bailey.
Image:

Bank of England governor Andrew Bailey.

The rate of inflation crept down slightly to an annual rate of 3.1% in September as a drop in the price of eating out offset some of a surge in transportation costs, the Office for National Statistics (ONS) has found.

Consumer prices rose 3.1% in annual terms in September, easing back from the inflation rate's biggest increase since records began in 1997 in August, the ONS said. Inflation rate fell back sli...

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 Defined Benefit

Poor member comms could delay buyouts, Hymans says

Poor member comms could delay buyouts, Hymans says

Poor communications can lead to complaints, member confusion and delayed transactions

Alex Levy
clock 17 September 2026 • 2 min read
Partner Insight: What is driving DB scheme costs?

Partner Insight: What is driving DB scheme costs?

Cost pressures have long been part of the defined benefit (DB) landscape, but the findings from the TPT DB Trustee Pulse 2026 suggest their role may be evolving.

TPT Retirement Solutions
clock 16 September 2026 • 1 min read
Thousands of DB schemes will run until 2035, say pension professionals

Thousands of DB schemes will run until 2035, say pension professionals

Poll of 400 industry professionals reveals changing outlook for the sector

Alex Levy
clock 04 September 2026 • 1 min read
Trustpilot