A short sharp inflation shock - hopefully
UK inflation has surged to its highest for nearly a decade.
UK inflation has surged to its highest for nearly a decade.
Inflation has surged to its highest since 2012 after a jump in August as restaurant prices raced higher following last summer’s Eat Out to Help Out discounts.
For now, employees can enjoy the fact that the balance of power has shifted noticeably in their favour, writes ITV News Economics Editor Joel Hills.