Inflation

Inflation fell to 0.3% in January, the lowest level ever recorded and firmly below the Bank of England's 2% target.

The Bank of England may have to resort to the interest rate cut that Governor Mark Carney alluded to in his Inflation Report speech this morning, according to some market watchers.

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing (QE) programme should the current downward slide in inflation worsen.

Members of the Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold in January, the committee's latest minutes reveal, knocking expectations of a rise this year.

The sharp fall in the UK inflation rate should not be feared, Chancellor George Osborne will say in a speech later.

The latest figures from the Office for National Statistics showed UK CPI inflation fell to a surprise 0.5% in December, the lowest level since May 2000. Five experts examine why...

UK consumer prices inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

There is a strong case for abandoning CPI as the headline measure of inflation, according to Institute for Fiscal Studies head Paul Johnson.

UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).

UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.