UK inflation hits 3.5% in April amid soaring household bills and...

UK inflation hits 3.5% in April amid soaring household bills and tax pressures

Posté

Britain faced a sharp rise in inflation in April. The Consumer Prices Index increased to 3.5 percent. This is up from 2.6 percent in March. Energy and water bills drove the surge. The Bank of England may slow interest rate cuts. The Labour government faces political challenges. The Conservative Party criticizes Labour's fiscal policies.

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