UK consumer prices inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.
... oil. What is the deep impact of a radically lower oil price?
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The precipitous decline in the oil price has continued, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.
The FTSE 100 dropped sharply during Monday's session as fears over significant falls in the oil price weighed on stocks.
The price of Brent crude oil has fallen another 8% to $71 per barrel after the Organization of the Petroleum Exporting Countries (OPEC) decided not to cut output on Thursday.
The price of oil has broken through $100 a barrel for the first time in almost a year, amid concerns the political turmoil in Egypt could disrupt Middle East supplies.
BP and Shell were braced for the reaction of the markets on Wednesday after European regulators began an investigation into whether the companies may have manipulated the price of oil for more than a decade.
Fiona Murphy asks what trends advisers and providers are seeing in SIPP investments
The price of oil could rocket to $200 a barrel this year, triggering a flash crash in stock markets, according to Rathbones' David Coombs.