Credit, Collections & Insolvency News
Families in the bottom decile of the income distribution will be at the sharp end of the latest development in the cost of living crisis, and changes to energy and fuel prices alone could mean they experience a rate of inflation almost a percentage point higher than households in the top income decile by the…
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UK inflation remained at 3% in February, according to the latest data from the Office for National Statistics (ONS). On a monthly basis, CPI rose by 0.4% in February 2026, the same rate as in February 2025. Clothing made the largest upward contribution to the monthly change to CPI annual rates; motor fuels made the…
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UK inflation fell to 3% in January, down from 3.4% in December, according to the latest data from the Office for National Statistics (ONS). This was the lowest inflation figure since March last year. The change was partly driven by lower fuel prices, lower airfares and lower food prices. Core CPI (CPI excluding energy, food,…
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Research by Capital on Tap has compared average wages across major UK cities to track how the cost of everyday goods and services changes over time. The analysis shows where real earnings are falling furthest behind and which regions are under the greatest financial strain. The data showed that Reading tops the list of where…
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The Office for National Statistics (ONS) data has shown that Inflation rose to 3.4 per cent in December, slightly above forecasts, ending a five-month cooling trend. The rise was driven mainly by tobacco duty timing and volatile air fares. Core inflation held steady at 3.2 percent, while services inflation rose modestly to 4.5 percent, below…
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The British Retail Consortium has warned that shop price inflation is likely to remain elevated into 2026 as retailers face ongoing labour, logistics and compliance costs. Latest data shows that shop price inflation picked up to 0.7% year on year in December, against growth of 0.6% in November. This is in line with the 3-month…
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Latest data from the Office of National Statistics(ONS) has shown that inflation fell by more than expected in November amid a slowdown in food prices. Annualised inflation came in at 3.2% in November, down from the 3.6% reported in October Commenting on the inflation figures for November, ONS Chief Economist Grant Fitzner said “Inflation fell notably in November…
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Latest Office for National Statistics (ONS) data has shown that inflation fell slightly in October to 3.6 per cent, from 3.8% in September. Core Inflation came in at 3.4% in the 12 months to October, down from the 3.5% in September and below the 3.7% forecast by the market Commenting on today’s inflation figures for October,…
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Latest Office for National Statistics (ONS) data has shown that inflation held at 3.8 per cent in the year to September. Core Inflation came in at 3.5% in the 12 months to September, down from the 3.6% in August and below the forecast 3.7% forecast by the market Commenting on inflation figures for September, ONS Chief…
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A new survey by the British Retail Consortium (BRC) suggests growing concerns about the cost of living in the year ahead. The survey of 2,000 people, conducted by Opinium, found people’s biggest concern was ‘prices rising faster than wages’, with 57% of respondents agreeing (61% among working people). This was higher than concerns around tax…
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Headline CPI inflation held steady at 3.8 per cent in August, ending a run of disappointing increases, as a downward contribution from air fares was offset by increases in hospitality and petrol. There were encouraging signs for policy makers under the bonnet as the closely watched core inflation fell from 3.8 per cent in July…
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Latest Office for National Statistics (ONS) data has shown that inflation held at 3.8 per cent in the year to August. Core Inflation came in at 3.6% in the 12 months to August, down from the 3.8% in July and in line with forecasts. Commenting on today’s inflation figures for August, ONS Chief Economist Grant Fitzner…
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Latest Office for National Statistics (ONS) data has shown that inflation has increased to 3.8 per cent in the year to July – its highest level in 18 months. Inflation rose at its fastest pace since January 2024, driven by rising food, fuel and transport costs and is up from 3.6 per cent in June.…
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