Inflation Surges Past Target as Energy Costs Soar – Labour Under Fire Over Election Promises

Inflation has surged back above the Bank of England’s 2 per cent target, raising fresh concerns about the cost-of-living crisis under Labour’s leadership. The Consumer Prices Index (CPI) rose to 2.3 per cent in October, according to the Office for National Statistics (ONS), after hitting a three-year low of 1.7 per cent in September. The unexpected jump, which analysts say was driven … Continue reading Inflation Surges Past Target as Energy Costs Soar – Labour Under Fire Over Election Promises