Property Investment News and Analysis from Jet-to-Let Magazine

The UK's rate of inflation slowed in April after energy bills were cut, official figures have shown.
Consumer price inflation fell to 2.8% last month, against 3.1% in March, the Office for National Statistics said.

The Retail Prices Index, an inflation measure often used in pay bargaining, fell to 4.5% ... more »

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Uk inflation down from record high

by Jet-to-Let Magazine on Tue 15 May 2007 11:20 BST

Cheaper household utility bills helped push inflation down in April from its record high, but the measure has now been above the government's target for a full year, data released on Tuesday showed.

The Office for National Statistics said its index of consumer prices rose by 0.3 per cent between ... more »

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Rates may not yet have hit peak, say economists

by Jet-to-Let Magazine on Tue 15 May 2007 11:18 BST

Borrowers should brace themselves for the possibility of another interest rate rise this year, as economists are warning that this week's increase to base rates is unlikely to herald the peak of the cycle.

Base rates were increased by a quarter of a point to 5.5 per cent on Thursday ... more »

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