The latest UK inflation figures are being “hailed as good news” by many wealth managers, with inflation falling to its lowest level since September 2021.
Year-on-year UK inflation stood at 3.4 percent in February, down from 4.0 percent in January. However, core inflation remains stubborn, coming in at 4.5 percent in the 12 months to February, down from 5.1 percent a month earlier.
Rachel Winter, a partner at Killik & Co, suggested this data will “likely bring con...
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