Inflation surged to a 14-month high in June as rising prices at the fuel pumps and shallower discounting by fashion retailers intensified pressure on households.
The rate of consumer price index inflation rose to 2.9% in June, from 2.7% in May, official figures showed today.
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Theresa May has launched her bid to become the next leader of the Conservative Party.
The government is set to announce that David Cameron's successor will make the decision on whether to expand Heathrow or Gatwick.
Michael Gove is to stand for the Conservative Party leadership, saying he does not believe Boris Johnson can "provide the leadership".