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UK inflation jumps to highest level in 10 years as energy bills soar
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UK inflation has jumped to the highest level in a decade, hitting a rate more than double the government’s target amid a severe cost of living squeeze from soaring household energy bills.
The Office for National Statistics said the consumer prices index measure of annual inflation rose to 4.2% in October, up from 3.1% in September – the highest rate since November 2011.
Driven by a dramatic jump in household gas and electricity prices, the figure was higher than forecast by City economists, with
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