Inflation

INFLATION

Economist and founder of Capital Economics Roger Bootle has said that quantitative easing (QE) is not the "inflation danger" people should be worried about - the focus should be on the intentions of the government.

The Bank of England's Monetary Policy Committee (MPC) should hold off on raising interest rates even though its stated threshold for doing so - a fall in the unemployment rate to 7% - is in sight, according to a report.

QUICK QUIZ

The UK's headline rate of inflation fell to 2% in December, meeting the government-set target for the first time since November 2009, official figures show.

Vanessa Owen looks at the effect inflation can have on a retirement income

The UK's headline inflation rate has fallen to its lowest level in four years after edging down to 2.1% in November.

SOAPBOX

UK CPI inflation dropped to 2.2% in October, a larger-than-expected fall that sent sterling to a two-month low against the dollar.

INFLATION