Inflation is back, but Sunak is determined to take money out of our pockets

  Analysis: Britain faces a cut in universal credit, a public sector pay freeze and a rise in national insurance contributions Prices are climbing in the shops and consumers face an autumn crunch. Official figures show inflation rose at thefastest rate in a decade in August , as the impact of Covid and Brexit drives up the cost of living. Surpassing the forecasts of City economists, the 1.2 percentage point jump was the largest on records back to January 1997, the year Gordon Brown handed theBank of England independence to manage inflation. At 3.2%, the consumer prices index is now the highest since March 2012. Continue reading... .. Full story on 

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