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UK Inflation Rises to 3.5%, Highest Level in Over a Year

Energy price cap increases and higher household bills drive inflation spike, prompting government response.

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Overview

  • Official figures confirm UK inflation surged to 3.5% in April, up from 2.6% in March, marking the highest rate in over a year.
  • The rise is attributed to increases in the Ofgem energy price cap, as well as higher council tax and water bills.
  • Chancellor Rachel Reeves expressed disappointment over the figures, citing ongoing cost-of-living pressures on working people.
  • Reeves highlighted government measures to address the issue, including minimum wage increases, frozen fuel duties, and recent trade deals aimed at reducing costs.
  • Media coverage, including a breaking news segment on Good Morning Britain, underscored public concern about the continued financial strain on households.