UK inflation rose to 9% in April from 7% in March, representing both the highest inflation rate and highest jump in inflation between months in decades.
The Office for National Statistics said today that the 9% figure, which is almost double the rate the Bank of England (BoE) expected six months ago, is higher than any annual inflation figure in it...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
