UK inflation surges to 3.25% with record jump

The inflation rate’s biggest increase since records began in 1997

Kathleen Gallagher
clock • 2 min read
AJ Bell head of personal finance Laura Suter
Image:

AJ Bell head of personal finance Laura Suter

The UK inflation rate rose to 3.2% in August from 2.1% in July, the biggest increase since records began in 1997.

The rate was driven primarily by restaurants and hotels, recreation and culture and food and non-alcoholic beverages, according to the Office for National Statistics (ONS). However, the ONS also...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

First Actuarial opens seventh UK office

First Actuarial opens seventh UK office

New office on Birmingham opens in April

Holly Roach
clock 25 March 2025 • 1 min read
Barnett Waddingham acquired by Howden in 'landmark' deal

Barnett Waddingham acquired by Howden in 'landmark' deal

Combined business will offer a full range of employee benefits and pensions advisory services

Holly Roach
clock 25 March 2025 • 3 min read
Majority of pension savers would use digital advice from providers

Majority of pension savers would use digital advice from providers

Bravura research finds 73% of workplace pension savers want advice from providers

Jenna Brown. Additional reporting by Jasmine Urquhart
clock 24 March 2025 • 2 min read
Trustpilot