Inflation

CPI inflation remained at 3.1% in September but the figure is still well above government targets.

A third of people approaching retirement feel inflation poses the greatest risk to their pension pot, whilst long-term care was their second biggest concern, a survey from Sun Life of Canada found.

The Bank of England has resisted growing calls to deliver more stimulus to the economy while maintaining interest rates at the historic low of 0.5%.

A member of the Bank of England's Monetary Policy Committee has made his case for more quantitative easing (QE) to keep the economy on track.

The CBI predicts the UK economy will grow at a slightly faster rate than expected in 2010, but growth will be more ‘sluggish' than previously thought in 2011 thanks to the emergency budget.

Inflation was unchanged at 3.1% in August, according to the Office for National Statistics (ONS).

Weak growth and falling inflation mean investors should expect more quantitative easing by the end of the year, says Fidelity's asset allocation director Trevor Greetham.

A cooling global economy and an impending austerity squeeze in Britain will make the Bank of England (BoE) wait well into next year before hiking interest rates, a poll of 60 economists suggests.

Interest rates could rise substantially to 8% within two years to stave off soaring inflation, new research suggests.

UK inflation dropped marginally to 3.1% in July but remains well above the Government's 2% target.