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Alliance Trust's independent study of age related inflation has found that inflation surged in April and hit the over 75 year olds the hardest - this age group now faces an inflation rate of 4.1%.

The difference between the Consumer Prices Index (CPI) and the true rate of inflation means that for many people, household income lags behind personal inflation.

Consumer Price Index (CPI) annual inflation - the Government's target measure - was up from 2.5 per cent in March to 3.0 per cent in April.

Britain's ‘fridge mountains' and ‘electronic landfills' are set to get bigger as 86% of Brits admit that they replace broken or damaged household items without any attempt to fix them first, according to new research from Legal & General.

The choice of caring for your own children is rapidly turning into a luxury available only to those who can afford it.

Consumers are being warned to brace themselves for further energy price rises, which could, in a worst case scenario, result in an unprecedented 46% or £415 being added on to household energy bills this year, says uSwitch.com, the independent price comparison and switching service.