New figures by the Office for National Statistics (ONS) stated that UK inflation hit a new 40-year high in October, reaching 11.1 percent, driven largely by the rising prices of energy and food.
The firm confirmed the increase from 10.1 percent in September as costs of light and heating rose, despite efforts by the government’s energy price guarantee.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
