The inflation puzzle of 2022
Annual inflation in 2022 was 10.5%, but not all components rose by double digits.
Annual inflation in 2022 was 10.5%, but not all components rose by double digits.
Inflation surged in 2022, but can it reverse in 2023?
2022 was an eventful year – churning government personnel, no formal Budget, high inflation, rising interest rates and volatile investment markets, which is good reason to start your financial planning for 2023.
Annual CPI inflation hit 10.1% in September, but that does not mean every price is showing a double-digit increase.
It’s likely that your income will not keep pace with rising inflation, especially in the near term, so if you are searching for ways to cut expenditure, there are plenty of often overlooked opportunities.
Latest data from the Office for National Statistics reveals that more people than ever are working beyond the age of 65. Will your retirement income be enough, or will you be working after age 65?
With projections that inflation could reach 13% and beyond into 2023, many people may be tempted to raid investments and access early retirement benefits to make ends meet.
New data from HMRC reveals the Treasury’s IHT receipts have doubled since 2012/13, the result of a frozen nil rate band and surging inflation. Is IHT a concern for you?
Investment markets have had another volatile first six months in 2022, but calmer times may be on the horizon for investors.
Both the Fed and the Bank of England increased interest rates in June in response to projected inflation. Are you investing efficiently?