Inflation has been a tough nut to crack in the UK over the past two years, but is firmly on the downward path and at the start of 2026 finally looks like it is within sight of its intended landing spot.
After falling then rising once more last year, Consumer Prices Index (CPI) figures for January came in at 3 per cent, the lowest level in 11 months and on track to hit the 2 per cent target by spring.