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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%

Andy Burnham
Andy Burnham Photograph: Neil Hall/EPA

Andy Burnham has said “difficult decisions” will need to be taken in next month’s budget after a rise in energy prices triggered by the Iran war drove UK inflation above 3%.

In a fresh blow for living standards amid the worsening damage to the global economy from the Middle East conflict, official figures showed soaring fuel prices pushed inflation from 2.9% in July to 3.1% in August.

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