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Each month, the Office for National Statistics (ONS) publishes the latest annual inflation rate, which measures the change in the price of regularly purchased items (known as the basket of goods and services) compared with the same time the previous year.
Some goods and services contribute more to the overall inflation rate than others: if some items see a large increase in prices, while others stay more stable, then inflation would be driven by the changing prices in that spending category.
So, how the headline inflation rate affects your household depends on which items you tend to spend your money on. The shopping prices comparison tool has been built to help people understand why their household might have experienced inflation.
See: Consumer price inflation, UK - Office for National Statistics
06 May 2025
Sole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT).
The independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team.
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