UK inflation surges to 10-year high of 4.2% as fuel and energy prices soar – business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Inflation in the UK has soared to a ten-year high as rising energy bills, fuel costs, second-hand car prices and food hit families and businesses. Data just released shows that the Consumer Prices Index surged to 4.2% in the 12 months to October, double the Bank of England’s inflation target and the highest since November 2011. That’s up from 3.

 

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SackReesMogg

EndFossilFuels already! That industry must die before so more of us do so tragically due to deceit & greed across industries! All industry leaders using fossil fuels should have demanded affordable alternatives as ethical corporate citizens long ago. Still waiting! ⏰🌎🌍🌏💔

Let's just remember who caused the soaring of fuel and energy prices

How's that Brexit going? Love, the sane parts of the USA.

And the rag proclaims it as a victory. Its own spend spend spend spend spend spend spend spend spend spend spend spend spend policy will only make it worse. Don't expect any mention of that though.

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