How rising inflation impacts your mortgage and savings
Briefly

How rising inflation impacts your mortgage and savings
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"Inflation has been on a difficult path in 2025, initially dropping before surging back up from April onwards. However, it appeared to peak over summer and the latest figures thankfully have inflation back on the downward path, with Consumer Prices Index (CPI) inflation rate falling back to 3.2 per cent in November. While the rate is lowering, remember, that does not mean prices are coming down - it means they are rising more slowly than previously."
The Independent covers issues from reproductive rights and climate change to Big Tech while funding journalism through donations and avoiding paywalls. Coverage includes investigation into Elon Musk's pro-Trump PAC and a documentary on American women fighting for reproductive rights. Inflation in 2025 initially fell then rose from April, peaking over summer before easing to a CPI rate of 3.2% in November. Lower CPI means slower price rises rather than price reductions. Persistent inflation led the Bank of England's Monetary Policy Committee to hold interest rates higher, though a vote for a pre-Christmas cut to 3.75% is likely. The BoE factors growth, wages, employment and geopolitical dynamics into policy decisions.
Read at www.independent.co.uk
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