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Inflation
11:39, 16 NOV 2023
Inflation-beating savings accounts on offer for first time in more than two years
Personal finance
Consumer Price Index inflation dropped to 4.6 per cent during October.
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People living in these 10 areas of Scotland pay the cheapest price for annual car insurance
Car insurance
Car insurance costs an average of £440 per year for drivers in Orkney.
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Martin Lewis warns every person with car insurance never to do this one thing when renewing annual policy
Martin Lewis
The consumer champion also shares the exact day to check for the cheapest quote to get the best deal.
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New calls for benefits to increase next year in line with September inflation rate of 6.7%
Benefits
There are certain benefits which, by law, must rise with the September CPI figure of 6.7 per cent.
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Martin Lewis urges people with money in a savings account to check it now
Martin Lewis
The consumer champion also shared an easy way for some savers to boost their current interest rate.
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People of State Pension age with a savings account urged to check it now
Personal finance
People in retirement are potentially facing steeper losses than the rest of the adult population.
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New State Pension payments set to rise to £221 each week for millions of older people next year
State Pension
Basic State Pension is set to increase to £169 for those on the maximum payment.
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People with a savings account urged to check it now before new rates announcement next month
Personal finance
Savers are being urged to act urgently to ensure they lock in the top rates before they are pulled or lowered.
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New and Basic State Pension payment rates from next April under Triple Lock as inflation remains unchanged
State Pension
The full New State Pension could rise to £221 per week under the Triple Lock policy after inflation remained unchanged.
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New calls for State Pension Triple Lock to be ‘honoured in full' ahead of uprating announcement next month
State Pension
Millions of older people are set for an annual increase of 8.5 per cent in April under the Triple Lock.
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Specific group of older people will not get new State Pension pay rates next April
State Pension
More than 1.1 million Brits who have retired abroad receive State Pension payments, but not all receive the annual uprating.
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Bank of England expected to increase base rate despite drop in inflation last month
Interest Rates
August inflation dipped to 6.7 per cent, down from 6.8 per cent in July.
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People on State Pension set for big pay rise next year under Triple Lock after inflation dips
State Pension
August CPI eased to 6.7 per cent meaning wages growth at 8.5 per cent is the frontrunner to drive the annual uprating.
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More people open new savings accounts as demand for fixed-term deals soars
Personal finance
Scotland is one of the top areas in the UK for opening new savings accounts.
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Cost of living will continue to rise as UK has highest inflation in G7
Cost Of Living
The OECD said it expects UK inflation of 7.2 per cent for 2023, increasing its previous forecast of 6.9 per cent from June.
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People on PIP or ADP could be due up to £745 each month from next April
Personal Independence Payments
Disability benefit payments are tax-free and do not count towards the benefit cap.
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New calls to scrap £159 TV licence fee for all households ahead of planned rise next year
Personal finance
The cost of a TV licence is set to go up in line with inflation from next April.
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State Pension Triple Lock could be due review as bumper annual uprating on the way next April
State Pension
Prime Minister Rishi Sunak has said State Pensions could rise by nearly 8% next April.
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Impact on household budgets and mortgage rates as inflation rate slows to 6.8%
Inflation
Interest rates are expected to rise again next month in a further effort to bring CPI inflation down further.
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Inflation falling but cost of living crisis still hammering workers, warns union
Inflation
Official figures showed on Wednesday that inflation had slowed to its lowest for 17 months in July.
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UK inflation slows to 17-month low and on track to dip under 5% before end of this year
Inflation
The reduced energy price cap in July and lower prices of milk, bread and cereal helped drive the July CPI down.
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People on New and Basic State Pension set for huge pay rise next year under Triple Lock
State Pension
State Pension payments could rise to £880 a month from next April as wages growth soars.
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New calls to abolish £159 TV licence fee for every person in the UK
Personal finance
The cost of a TV licence is set to rise with inflation from next April.
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One million Scots struggling to pay bills on their current income, charity warns
Cost Of Living
UK inflation in June stood at 7.3 per cent and food inflation was 17.4 per cent - but average wage rises have lagged far behind.
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