The Latest Breaking News from Office for National Statistics

Bakery products, dairy, meat and vegetable prices pushed inflation to 10.1% in July.

The Office for National Statistics revealed growth of 7.8% in June, down from 12.8% in the previous month.

Bank of England ‘could be forced to more than double interest rates’

Consumer Prices Index (CPI) inflation hit 10.1% in the 12 months to July - up from 9.4% in June - and is now at the highest level since the 1980s

Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England

New figures released this morning are expected to show that Britain is suffering the worst cost of living crisis since the 1980s, as sharp rises in food and fuel costs continue to put strain on households

Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates.

Labour leader Sir Keir Starmer said that data showing pay had fallen further behind the rising cost of living was placing “further pressure on so many families, so many working people”.He defended his plan to freeze energy prices this winter.The comments came as official figures revealed that millions of workers…

With wages falling to a record-breaking low, potential housing insecurity is a concern for millions of Brits