View more on these topics

Inflation falls to 3.4%

The UK consumer prices index fell to 3.4% in February 2012, down from 3.6% in January, the latest figures from the Office for National Statistics show.

The largest downward pressures came from domestic electricity and gas, recreation and culture and transport.

Partially offsetting these were upward pressures from alcohol off sales and vegetables.

Meanwhile the retail prices index fell to 3.7% in February, down from 3.9% in January.

The largest downward pressures came from motoring expenditure and fuel and light. Partially offsetting these was an upward pressure from alcoholic drink.


AToM bridges gap in retirement market with an interest-only deal

The launch of an interest-only mortgage for retired borrowers by All Types of Mortgages has been welcomed in the over 65s market. Last week AToM launched a mortgage from an unnamed mutual aimed at home owners aged over 65 who have equity of at least £150,000. The product is available up to a maximum LTV […]

Bridging expansion may cause confusion

An increasing number of bridging finance providers have entered the market recently, showing demand for short-term lending remains strong.

Lenders must tread carefully with SVRs

Several lenders including Yorkshire and Clydesdale banks and Bank of Ireland recently announced increases in SVRs for borrowers over the coming months.


News and expert analysis straight to your inbox

Sign up
  • Post a comment
  • Phil Shelford 20th March 2012 at 2:22 pm

    yet diesel at my local Tesco has gone up 5p a litre in the last three weeks and the cost of fuel directly impacts the cost of all other goods that are transported to shops. Doesnt feel like inflation fropping to me.