A sharp fall in petrol prices has driven UK inflation down to 2.6% in March 2025, bringing welcome relief to households battered by years of soaring costs. From cheaper fuel at the pump to slightly lighter grocery bills, consumers are feeling a rare financial breather.
Yet, with energy bills climbing 10% and new tax hikes adding £25 billion ($32 billion) in business costs, experts warn this may not last. Global trade tensions and rising wages further cloud the outlook. Is this a turning point or merely a pause?
