Welcome to This Is Money podcast sponsored by Charles Stanley Direct. I'm Georgie Frost and

joining me and Simon Lambert today is Tanya Jeffries. And coming up, inflation bounces back.

How worried though should we be? With speculation over changes to ISIS, should you put your

extra savings in a pension instead?

Also today, the government scraps its update to its online state pension forecast tool after

outcry from rather baffled this is money readers.

Premium bonds are looking well less premium and are you a nationwide current account holder?

Make sure you listen in. Don't forget

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today with Charles Stanley Direct. Sign up now. Investment involves risk. But first, inflation is back

at 3% higher than the expected 2.8% and is predicted to go even higher in the coming months. So how worried should we be?

January's figure was a big jump from December's 2.5%. So I'll be headed back to the dreaded double figures of recent times.

What does it mean for our money, the economy and the government's plans? Tanya, Simon, welcome.

Simon, if you were,

talk me through January's figures higher than expected. Yes, that had people a little bit rattled.

There were concerns about this word stagflation again, which is the stagnant economy,

the lack of growth combined with inflation. Now, there were some things

...