How inflation works in the UK: how the ONS measures it, CPI vs CPIH vs RPI, what causes it, the Bank of England’s 2% target, and what real interest rates mean for your savings.
Inflation Explained
The Inflation Figure the Government Disqualified (And Then Kept Using)
The UK Statistics Authority in 2013 examined one of the two official measures of inflation in Britain, the RPI (Retail…
The Basket That Decides Whether Your Life Is Getting More Expensive
Somewhere in the bowels of the Office for National Statistics, there is a shopping basket. It doesn't exist physically –…
When the Sun Gave Economics Its Favourite Word
About 13.8 billion years ago, something very small became something incomprehensibly large in a fraction of a second. Physicists call…
The Pound in Your Pocket Is Always Melting
Pull a tenner out of your wallet and have a good look at it. Same polymer. Same king's face. Same…
The Wave That Reaches You Last
Somewhere right now, a crop is failing. Or a shipping container is sitting in the wrong port. Or a factory…