Take the interest payable on central government debt: not horribly high in September, but in fact third lowest since monthly records began in 1997. The reason is that on about a quarter of its outstanding debt, the government pays interest linked to the old-fashioned Retail Prices Index measure of inflation, which has dropped sharply over the past year.

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?