Did the UK Office for National Statistics avoid the political challenge from pensioners and bond-holders of moving to a lower measure of inflation when it published its decision not to change RPI? Or has it empowered those using the price indices to choose the most appropriate measure for their situation by offering an alternative in the form of RPIJ? What was wrong with RPI anyway, and what is RPIJ?
High gas and electricity prices across Europe have raised urgent concerns and started a debate about possible ways to mitigate the impacts on consumers. Countries have adopted a variety of national measures, which can be broadly classified under four categories: retail market interventions, wholesale market interventions, security of supply… Read More
As we adjust to a high inflation environment, those who are fortunate enough to have savings are seeing their purchasing power erode by up to 10% per year. In the UK, one way to mitigate the effects of inflation is through investing in Stocks and Shares ISAs. But why… Read More