Pensioners warn of ‘tough times ahead’ as inflation hits 2.2% – what it means for their pensions and investments

Retired couple

Pensioners have been warned that tough times lie ahead as the UK’s inflation rate rises and hits the economy. The latest figures from the Office for National Statistics (ONS) have revealed that the consumer price index (CPI) rate rose to 2.2 per cent over the 12 months to July 2024. Analysts had previously forecast inflation … Read more