According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in the year ending in December, down from 2.6 per cent in the previous month.

To use this formula, you need the initial and final ... in the CPI for that specific good or service. To find the inflation rate, divide the difference by the initial value (the value recorded ...

Savers with “gold-plated” private pensions face a £50,000 hit to their retirement incomes thanks to a little-known tweak to ...