UK inflation hits 40-year high of 9.1% in May

Inflation expectations have reduced DB long-term liabilities by around 0.2% since mid 2021

clock • 1 min read
UK inflation hits 40-year high of 9.1% in May

UK inflation has hit another 40 year high of 9.1% in May, up from 9% in April.

The slight increase from already record high inflation rate came largely from rising food and non-alcoholic beverage prices, as well as continued shifts in energy prices, according to the Office fo...

To continue reading this article...

Join Professional Pensions

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Apax Funds to acquire Benefex owner Zellis Group from Bain Capital

Apax Funds to acquire Benefex owner Zellis Group from Bain Capital

Payroll and HR software solutions business bought Benefex in 2018

Jonathan Stapleton
clock 16 April 2024 • 1 min read
News Digest: 'Nobody is willing to help me cash in my £65k Boots pension'

News Digest: 'Nobody is willing to help me cash in my £65k Boots pension'

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

Professional Pensions
clock 16 April 2024 • 1 min read
TPR's statement of strategy proposals raise 'grave concern' among industry

TPR's statement of strategy proposals raise 'grave concern' among industry

Organisations have warned against the collecting of ‘endless items of data’

Holly Roach
clock 15 April 2024 • 6 min read
Trustpilot