Inflation has fallen to its lowest rate since 1960 and now stands at 0%. The inflation rate is calculated from the prices of a range of different goods and services selected to represent average spending patterns in the UK. There are two different methods of calculating inflation The retail prices index (RPI) is intended...
Read More »

There seems little point in reducing interest rates any further as the interest rate cuts are proving to be ineffective and the Bank of England base rate cuts are proving to be unpopular with savers and borrowers. The pound is falling against the dollar and the euro. Savers are not being rewarded for saving...
Read More »