News in Review Wednesday 26th February 2025 - HCR IFA
News in Review Wednesday 26th February 2025

News in Review Wednesday 26th February 2025

The latest inflation figures released last Wednesday by the Office for National Statistics showed an unexpected surge, with the headline rate climbing to 3% in January from December’s 2.5%, marking the highest level in nearly a year. This increase surpassed the Bank of England’s (BoE) 2% target and exceeded economists’ forecasts of a rise to 2.8%.