UK annual inflation slowed as the Consumer Prices Index (CPI) fell to 2.2% in May, down from 2.3% in April, according to the Office for National Statistics (ONS).
Key measures of UK annual inflation hit new lows in April, official figures show.
The deficit of final salary schemes worsened by £16bn in February to a total of £45bn, Aon Consulting says.
As the housing market continues to struggle and the Bank of England Base Rate remains historically low, Matthew Wyles asks how long it will take for the economy to recuperate following these testing times.
The effect of inflation on retirement incomes is a major concern for British pension savers, according to Lincoln Financial Group.
Inflation fell by much less than analysts had expected to 3% in January.
Inflation fell sharply in December, down to 3.1%, as retailers slashed prices in a desperate bid to encourage Christmas shoppers.
A heavy-handed response to regulating the financial services sector could lead to unintended consequences, according to Monetary Policy Committee (MPC) member, Andrew Sentence.
Deflation is unlikely to pose the same risk to Western economies as it did to Japan in the 1990s, according to Schroders' chief economist, Keith Wade.
October saw the biggest month-on-month fall in UK inflation since 1992, official statistics reveal.