Always factor inflation into your financial planning cycle - Pembroke IFA's

Always factor inflation into your financial planning cycle

UK Inflation has fallen to its lowest level in almost three years, but it could have a cumulative knock-on effect on your planning. The October measure of annual inflation was lower than most experts had expected. At 1.5% on the CPI yardstick, it was the lowest since November 2016 and 0.5% below what is still the Bank of England’s central target of 2.0%. Ironically, the main reason behind the fall was a government price control, which began at the start of the year: the utility price cap….