Inflation rises to 2.9% as energy bills push up prices – what it means for your money

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...

Many experts are predicting yet another rise in the cost of living for hard-pressed Brits

Britain's new premier has promised to ease the suffering of millions of families unable to afford basic items.

Cost of living crisis: Economists warn 'inflation expected to rise' after shock energy bill hike  GB News

Holly Williams, Press Association Business Editor Higher energy prices are expected to send UK inflation surging back up when official figures are released on Wednesday amid fears the summer’s record heatwaves may also start putting pressure on food costs. Many experts are forecasting that Consumer Prices Index (CPI) i

Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer boost to the economy could be fleeting. The rate of Consumer Prices Index (CPI) inflation is tipped to rise to 2.9 per cent in July, climbing from June’s 15-month low of 2.6 per cent, when the Office…