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

More on Industry

News Digest: Top civil servant explains decision to push ahead with Capita for CSPS administration

News Digest: Top civil servant explains decision to push ahead with Capita for CSPS administration

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

Professional Pensions
clock 04 March 2026 • 1 min read
Pensions UK calls for Pension Schemes Bill mandation power to be withdrawn

Pensions UK calls for Pension Schemes Bill mandation power to be withdrawn

Call comes as Bill is at a ‘crucial juncture’ in its passage through Parliament

Jonathan Stapleton
clock 03 March 2026 • 2 min read
Maps seeks testers for MoneyHelper Pensions Dashboard

Maps seeks testers for MoneyHelper Pensions Dashboard

Body looking for savers aged 18 or over who have not begun withdrawing their pension

Martin Richmond
clock 03 March 2026 • 1 min read
Trustpilot