The Government's official inflation measure jumped to its highest level in two-and-a-half years last month, tightening the squeeze on household spending power and increasing the challenge for savers.
House asking prices have risen to their highest level for nearly three years, with some home owners demanding unrealistic amounts, according to a report released today.
The UK economy returned to modest growth in the first three months of 2011, official figures reveal today, following a shock decline at the end of last year.
Inflation unexpectedly dropped last month, official figures show today, weakening the prospect of an imminent interest rate hike by policymakers at the Bank of England.