London politics
fromLondon Business News | Londonlovesbusiness.com
3 months agoUK inflation surge, wave goodbye to those rate cuts - London Business News | Londonlovesbusiness.com
Annualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.
Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.