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UK inflation hits 40-year high at 9%
UK inflation hits a 40-year high of 9% as energy bills continue to soar.
UK inflation – the rate at which prices rise – has hit a 40-year high of 9%. The hike comes as millions of people saw an unprecedented increase in energy costs last month. Higher fuel and food prices, driven by the Ukraine war, are also pushing the cost of living up, with experts warning that inflation could continue to rise this year. Amol Rajan reports from West Yorkshire, where the most recent figures show almost 18% of people were living fuel poverty – that’s nearly 1 in 5 – before the cost-of-living crisis.
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