Mortgage-holders with variable rate loans could face financial difficulty as lenders effectively hike costs, according to new research from consumer group Which?
The Government's official inflation measure jumped to its highest level in two-and-a-half years last month, tightening the squeeze on household spending power and increasing the challenge for savers.
The UK economy returned to modest growth in the first three months of 2011, official figures reveal today, following a shock decline at the end of last year.