RPI

Spending Review: RPI inflation will be phased out in February 2030

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The Treasury today handed investors and pensioners a reprieve by declining to phase out a flawed way of measuring inflation until 2030, but they still face a more than £100billion hit from the shake-up in the long run. The retail prices index measure of inflation will be altered in February 2030, saving the Government £2billion … Read more

Pension firms warn scrapping RPI will cost savers £122bn

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It may benefit commuters and students, but pension firms warn…Scrapping RPI will cost savers £122bn By Lucy White For The Daily Mail Published: 22:29 BST, 20 August 2020 | Updated: 22:29 BST, 20 August 2020 Worth the wait: Ditching RPI would be beneficial for commuters It might sound like a mere technicality but Government plans to … Read more