Inflation in the United Kingdom is running at 5%. This is good news for some borrowers whose mortgage rate is fixed below 5.2% but bad news for savers and most others. If you have savings (and most of us do directly in the bank or indirectly through pension funds or life insurance policies, you will [...]
Filed under: climate change | Tagged: business, directors' pay, economic austerity, inflation, life insurance policies, pay inflation, qualitative definition, spending power, uk director | 2 Comments »