Torsten Bell reappointed as pensions minister, a £760m buy-in deal and the industry responds to pension transfer proposals
BoE rate hike priced in for 2026
Increase in inflation 'worse than feared' due to Middle East conflict
Uncertainty over central bank rates
ONS data shows CPI Index rose for the first time in five months
ONS figures show CPI Index fell to 3.2% in November
Industry warns wider economic backdrop remains 'fragile' ahead of Autumn Budget
CPI stood at 3.4% in May, down 0.1 percentage points from April’s figures
MPC meeting on interest rates to take place on 19 December