Economist, Howard Archer says: "While inflation should trend lower over the coming months, the very real danger is that it will prove significantly stickier than had been hoped for due to persistently high oil prices.
Sticky consumer price inflation would maintain an appreciable squeeze on consumers' purchasing power and dilute hopes that consumers will increasingly step up their spending as 2012 progresses."
More top news
In her Brexit speech on Tuesday, the Prime Minister is set to urge the EU to forge a fair trade deal or risk commercial war.
B-Street Band want to remain respectful to Bruce Springsteen, who supported Hillary Clinton in the US Election.
Apollo 17 astronaut Gene Cernan died at the age 82 on Monday, Nasa has announced.