UK inflation soars to near decade-high on energy bills

British inflation spiked close to a decade-high in October partly on higher energy bills and resurgent post-lockdown demand, official data showed Wednesday, sparking fresh talk of an interest rate hike. The annual rate jumped to 4.2 percent, the highest level since November 2011, the Office for National Statistics said in a statement. That followed 3.1 […]

from Daily Times https://ift.tt/2YZKvkk