Business
Inflation basket changes can have a big impact on your finances. Here’s what you need to know about why these changes are happening and how they may affect your personal experience of price inflation in 2021. We also talk about why the pandemic has pushed our spending closer to home and how nearly half of defined benefit pension schemes closed to future accrual in the past year - with significant consequences for those building an income in retirement. Welcome to episode 14 of Talking Money, with Martin Bamford and Hannah Godfrey. In each episode of Talking Money, we take a topical look at the big money stories of the week, putting our personal spin on the news.