The Guardian: UK inflation hits highest level since 2024 The Guardian reported that UK annual shop price inflation reached 2.1% in October, as energy and food rises weighed on consumers. The price of Brent crude oil reached $117 per barrel in recent days; While its average was around $70 before the US and Zionist attacks against Iran in February. The increase in gas prices also contributed to a 3.5% growth in the British Consumer Price Index last month. Chancellor of the Exchequer John Haley is expected to face pressure from Labor MPs to address the cost of living crisis ahead of his first budget on Wednesday.

The Guardian: UK inflation hits highest level since 2024 The Guardian reported that UK annual shop price inflation reached 2.1% in October, as energy and food rises weighed on consumers. The price of Brent crude oil reached $117 per barrel in recent days; While its average was around $70 before the US and Zionist attacks against Iran in February. The increase in gas prices also contributed to a 3.5% growth in the British Consumer Price Index last month. Chancellor of the Exchequer John Haley is expected to face pressure from Labor MPs to address the cost of living crisis ahead of his first budget on Wednesday.