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Inflation jumps on food, air fares and school fees

Britain's annual inflation rate rose to 3.0 percent in January, up from 2.5 percent in December, as reported by the Office for National Statistics .
The rise in inflation was influenced by higher food prices, especially for meat, bread, and cereals, as well as increased costs of non-alcoholic drinks.
New taxes on private schools have adversely affected families, adding to the financial burden.
The Bank of England has warned that a prolonged rise in inflation could create significant challenges this year, revising its economic growth forecast for the UK downward.

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Daily Record

Food inflation reaches highest annual rate sign March last year, statistics show

Food inflation accelerated to 3.3 per cent in January.

1 day ago·Glasgow, United Kingdom

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The Times

Inflation fears send consumer confidence to 11-month low

People are worried about higher prices amid energy cost rises and employment taxes, a survey of household sentiment finds

2 days ago·United Kingdom

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The Independent

Forget the school fees – inflation’s bite is far harsher in the fridge

Chancellor Rachel Reeves must ask herself what the point is of building a new third runway or a Cambridge Silicon Valley if the cost of living in Britain is so punishingly high, says Chris Blackhurst

2 days ago·London, United Kingdom

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BBC News

Inflation jumps on food, air fares and school fees

The government admits that stemming price rises will be 'bumpy' as inflation hit 3% in January.

2 days ago·United Kingdom

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Breitbart

Inflation Leaps in Starmer's Britain: Families, Food Prices Hit Hardest

New data reveals Britain's annual inflation rate spiked more than expected last month with food prices and families suffering most.

2 days ago·United States

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Money Marketing

The Morning Briefing: 'Caffeinated flea' inflation; The dark side of AI

Good morning and welcome to your Morning Briefing for Wednesday 19 February 2025. To get this in your inbox every morning click here. Inflation behaves like ‘caffeinated flea’ Consumer price index (CPI) inflation rose to 3% in January – up from 2.5% in December and ahead of expectations of 2.8%. The latest figures published by the Office for National Statistics have revealed that, on a monthly basis, CPI inflation fell 0.1%, compared with a fall…

2 days ago

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