UK inflation has soared to its highest level since January 2024, intensifying pressure on the Bank of England as it weighs potential rate cuts. Markets are navigating cautiously, with policymakers walking a delicate tightrope between curbing inflation and supporting economic growth
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UK inflation rates have skyrocketed, sparking worries about the rising cost of living. Recent data reveals that prices are climbing at an alarming rate, affecting everything from your weekly grocery shop to soaring energy bills. As families prepare for tighter budgets, experts are weighing in on the potential economic fallout.