UK inflation forecast jumps to 3.5% in April on higher energy, water and transport costs – business live

Electricity and gas prices rise, water bill rise the most since at least 1988,; chancellor ‘disappointed’ by cost of living pressures as she heads to Canada for two-day G7 summitThe chancellor of the exchequer, Rachel Reeves, said:I am disappointed with these figures because I know cost of living pressures are still weighing down on working people.We are long way from the double digit inflation we saw under the previous administration, but I’m determined that we go further and faster to put more money in people’s pockets. Continue reading...

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Consumer sentiment rises for 1st time this year as inflation remains tame

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