© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

UK inflation rises to 30-year high of 5.5% amid cost of living crisis

Soaring energy bills and higher clothing and secondhand car prices push figure higher in January

  • Business live updates: UK inflation hits 30-year high of 5.5%

Inflation in the UK increased to the highest rate for three decades in January as the impact of rising energy bills fed into a wide range of goods and services, adding to the squeeze on household living standards.

The Office for National Statistics said the consumer price index measure of inflation increased to 5.5% in January from 5.4% a month earlier, driven by prices for clothing, footwear and furniture.

Continue reading…

Related posts

Case review chief was in Montenegro during Andrew Malkinson revelations

AEA3

Nasa Peregrine 1: Vulcan rocket carrying Nasa moon lander lifts off in Florida

AEA3

UK ‘strikingly unprepared’ for impacts of climate crisis

AEA3