UK inflation rises to four-month high as energy bills climb
UK inflation rose to 2.9% in the 12 months to July, reaching its highest level for four months as higher household energy costs pushed prices up. The latest figures show gas prices rising at the fastest pace in almost four years, according to the Office for National Statistics. The increase comes after Ofgem raised the household gas and electricity price cap on 1 July, lifting typical annual bills by £221.The energy regulator's 13% cap increase was the main immediate driver of the move, with the ONS saying higher energy bills fed directly into the monthly reading. The figures also showed... [Continue Reading]
360LiveNews | 19 Aug 2026 10:34 LONDON
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