Bank of England committee unanimous on holding rates

Bank of England policymakers voted unanimously to hold interest rates at their current historic low of 0.5% again in April, the minutes of the latest meeting show.

UK inflation rate unchanged at 2.7% in September

UK inflation measured by the consumer prices index (CPI) was 2.7% in September, unchanged from August. The retail prices index (RPI) measure of inflation fell slightly to 3.2% from 3.3% in August.

UK CPI inflation rate rises to 5.2% in September

The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising to 5.2% from 4.5% the month before.

An increase in energy costs was behind a large proportion of the rise.

The 5.2% rate is the highest CPI measure since September 2008, and it has never been higher since the CPI measure was introduced in 1997.