'A dire situation': Fund managers react as UK inflation hits 6.2%

Up from 5.5% in January

clock • 3 min read
Follows latest BoE interest rate hike
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Follows latest BoE interest rate hike

UK citizens should prepare for a painful period of inflation over at least the medium term, according to several investment commentators, with some warning that the CPI could reach as high as 8% by April.

This comes following figures from the Office for National Statistics released today (23 March), which showed that inflation reached yet another 30-year high of 6.2% during the month of February; a ...

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