Inflation falls to 2.5 per cent in boost for Chancellor Rachel Reeves
Wednesday, 15 January 2025 () The inflation figures come amid a sell-off in the gilt market, which has raised doubts about the government's fiscal plans and even prompted calls for the Chancellor to resign.
The shadow business secretary has called on Chancellor Rachel Reeves to "change course quickly", after new ONS figures show inflation increased to 2.6% in November. Andrew Griffith adds all the major..
Rachel Reeves says the UK's latest inflation figures are "broadly in line with our international peers", despite rising to its highest level since March. The chancellor adds, "I recognise the cost of..