What’s the difference between the ‘right’ and ‘wrong’ kind of inflation? The answer could add up to £800 less annual income for public sector pensioners living on half n... Read More

About 700,000 more people will be subject to higher rate income tax when the starting point for 40 per cent tax is lowered by £1,500 next April, accountants estimate. The Chancellor said he wanted to... Read More

I doubt any of the politicians will spend much time today worrying about the increase in inflation just reported by the Office for National Statistics. In the grand scheme of things, with the country ... Read More

This is what happens when markets start to get worried about inflation. It is a chart of the yield on the benchmark 10-year gilt. A higher level indicates, among other things, that the market is start... Read More

Inflation is back, bringing with it the prospect of enforced interest rate rises rather sooner than policymakers would wish. The Consumer Prices Index for December showed the highest monthly increase ... Read More