CPI

WAY Investment Services' Mark Benson gives an update on how the Budget 2011 affected inheritance tax planning.

An imminent interest rate hike would be the ultimate policy error by the Monetary Policy Committee, which should not raise rates before Q4 if inflation is still high, says Caspar Rock at Architas.

LGIM's Richard Hodges believes the Bank of England's Monetary Policy Committee (MPC) would be "lunatics" to raise interest rates in May as it will put the UK at risk of a double-dip recession.

The pound reached a 14-month high today while gilts fell, after data revealed UK inflation soared to 4.4% in February.

BEATING INFLATION

Inflation hit 4.4% in February, up from 4% in January, according to the Office for National Statistics (ONS) - heaping more pressure on the Bank of England to hike interest rates.

ON ASIA

Do you use conditioner? I don't. It is not really necessary with my amount of hair. What about dating agencies? Me neither. Happily married. What about apps, or a shoulder of pork?

The latest inflation figures, showing CPI reached 4% in January, has sparked speculation on higher interest rates and the impact on the UK economy.

The UK inflation rate rose to 4% in January, which is double the government's target and up from 3.7% the previous month.