Inflation

Bank of England (BoE) governor Mervyn King has warned against a further cut in interest rates, arguing it would damage the banking sector and may be "counterproductive".

The Bank of England (BoE) is set to cut economic growth forecasts to almost 0% for this year, amid a deepening double dip recession.

Fiona Murphy asks IFAs how government austerity measures have affected clients' retirement planning.

Eight in ten pensioners expect the value to their pension will decline due to inflation, according to AXA Wealth.

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.

Latest forecasts suggest the economy will return to growth over the next six months, boosted by falling inflation and a pick-up in consumer spending.

The Bank of England's Monetary Policy Committee (MPC) voted five to four to maintain quantitative easing (QE) at £325bn this month, overruling the governor and three colleagues who called for further expansion.

The UK's inflation rate posted another surprise drop in May, falling to 2.8%, as the lack of activity in the UK continues to bring prices down sharply.

The Office for National Statistics has proposed a new inflation measure to replace the Consumer Prices Index (CPI) which would include housing costs in the calculation.

Quantitative easing (QE) has been an "unmitigated disaster" for anyone about to retire or people who have just bought an annuity, a pensions expert has said.