Inflation: No change as inflation stays at 2.8%

No change as inflation stays at 2.8Figures from the Office for National Statistics (ONS), show the Consumer Prices Index (CPI) was unchanged in March at 2.8%, but still remains at the highest level since May 2012. At the same time, the Retail Prices Index (RPI), which was relegated from being an official statistic last month but is still used in the calculation of benefits and pensions, rose slightly from 3.2% in February, to 3.3% in March. According to the ONS rises in the cost ...

Insurance: Fresh hope for older drivers

Older people might find it easier to get car and travel insurance following a recent announcement. It has long been a cause of frustration that some insurers make more elderly people pay more for their motor or travel insurance, or even refuse cover because of age on some of their products. However, an agreement which started last week, between the Association of British Insurers (ABI) and the British Insurance Brokers Association (BIBA) means that elderly consumers will be referred to BIBA’s “Find a Broker” service if an insurance company cannot provide cover due to age or product restrictions. LV (formerly Liverpool Victoria) has ...