
UK inflation bounced back in December as tobacco duty hikes and Christmas getaways pushed up the cost of living.
The bigger-than-expected rise to 3.4% from 3.2% in November slams the door shut on an interest rate cut next month

UK inflation bounced back in December as tobacco duty hikes and Christmas getaways pushed up the cost of living.
The bigger-than-expected rise to 3.4% from 3.2% in November slams the door shut on an interest rate cut next month