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The UK’s inflation rate in February 2023, as measured by the Consumer Price Index (CPI), was 10.4%.

The limit on a ‘week’s pay’ and the various maximum employment tribunal awards will increase from 6 April 2023.

HMRC has announced new advisory fuel rates, from 1 March 2023, for employees using a company car.

Various pay research bodies have published pay data for the three months to the end of January 2023, as well as forecasts for 2023 more generally.

The UK’s inflation rate in January 2023, as measured by the Consumer Price Index (CPI), was 10.1%.