Holding cash equates to a reduction in value and income in real terms
State pension rise comes at 'considerable cost to today’s workers'
Prospect of more hikes cannot be taken 'off the table'
Core inflation falls to 6.9% since March 2022
All eyes on Bank of England interest rate decision
Consultation opened on how the regulator will be funded for 2023/24
Inflation up 11.1% in the 12 months to October and up 1% on September
UK CPI returned to double digits in September
Above expectations of 9.8%
Central bank raises rates to 1.75%