Impact on energy bills, mortgages and savings as inflation rises

New inflation figures show household costs are rising at a faster rate, with higher energy bills adding further pressure to budgets.

Accelerating prices in July add to pressure on households, with chancellor saying ‘there is more to do to restore hope’ Business live – latest updates UK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households. The Office for Nati

The rise was spurred by a 13 percent hike in the price cap on household energy bills that took effect last month, a consequence of the ongoing US-Iran war.

THE UK’s inflation rate has increased to 2.9%, its highest level since March, official figures show. Inflation is a measure of how fast the costs of goods and services are rising. It was at 2.6% in the 12 months to June, so today's figures represent a small increase. Meanwhile, households could be in for more pain...

UK inflation rises to 2.9% as energy price cap lifted  The Times

South Africa · MARKETS Key Facts —Confidence index: The South African Chamber of Commerce and Industry business confidence index rose to 125.4 in July 2026, up from 123.5 in June. —Headline inflation: Consumer price inflation reached 5.0 percent from a year earlier in June 2026, up from 4.5 percent in May and above the