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Evening Standard

Vicky Shaw

Households facing ‘fresh blow to budgets’ as inflation forecasts are hiked

Inflation Entertainment

Hopes of easing inflation and future rate cuts have been knocked back (Alamy/PA) -

Households are facing the prospect of a more painful squeeze on their wallets from sharper price rises than previously expected.

The Bank of England held the base rate at 3.75% on Thursday, with forecasts for UK inflation being hiked.

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We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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