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

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Rolling coverage of the latest economic and financial news

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines