Image:
The Bank of England is expected to opt to hold rates at its next Monetary Policy Committee meeting in Sepetmber
The UK Consumer Price Index rose by 2.2% in the 12 months to July 2024, after reaching the Bank of England’s (BoE) 2% target in the previous two months, according to the Office for National Statistics (ONS).
The largest contribution to the headline inflation figure came from gas and electricity prices, as they fell less than they did a year ago, while the largest contribution came from restaurants and ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
