Jeremy Hunt set to announce reforms during his Mansion House speech later today
Pill has written to the Treasury Select Committee
ONS attributes unchanged rates due to increased costs in air travel
MPC meeting is taking place later this week
Savers have seen highest rates since December after BoE raised interest rate to 4.5% in May
Two year gilt yields have risen to 4.48%, the highest level since last September’s peak
Blog says trustees should ‘remain vigilant ’ and be aware of challenges faced by sponsors
Consensus expectations of a fall to 9.8% were not met and RPI remains at 13.5%
Increases attributed to rise in housing and household services costs