UK inflation holds firm at 2.2% as Bank of England decision beckons

Services inflation remains 'sticky' ahead of MPC meeting on interest rates

Linus Uhlig
clock • 2 min read
UK's CPI rose by 2.2% in the 12 months to August
Image:

UK's CPI rose by 2.2% in the 12 months to August

The annual rate of UK inflation held steady in August, as the Bank of England (BoE) weighs its options ahead of the next Monetary Policy Committee (MPC) meeting on Thursday (19 September).

According to figures published by the Office for National Statistics (ONS) today (18 September), the UK's Consumer Price Index (CPI) rose by 2.2% in the 12 months to August, a figure that did not b...

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

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Industry

L&G becomes ABI member

L&G becomes ABI member

Firm becomes one of 300 members after working with the ABI on projects

Jasmine Urquhart
clock 30 January 2026 • 1 min read
Sir Richard Shirreff announced as keynote speaker at PP Live

Sir Richard Shirreff announced as keynote speaker at PP Live

PP’s flagship event takes place on 19 May in central London

Professional Pensions
clock 30 January 2026 • 1 min read
New DB surplus rules 'landing in the sweet spot'

New DB surplus rules 'landing in the sweet spot'

LCP survey finds strong support for changing surplus rules

Holly Roach
clock 30 January 2026 • 2 min read
Trustpilot