Soaring energy costs, fuel bills and food prices have driven the biggest squeeze in decades, as British consumer prices rose by 6.2% from February last year.
Data from the Office for National Statistics shows inflation flying up – the fastest since 1992 – as the burden falls on UK households
Only the US has a higher annual inflation rate among G7 nations, with basic commodity prices surging on the back of conflict in Ukraine.
Energy bills have increased almost 25%, with food costs up across the board.
RawNews1st is an independent digital news platform committed to delivering breaking news, crime reports, public safety updates, sports coverage, and the latest trending stories from across the United States. Our mission is to provide timely, accurate, and fact-based reporting that keeps readers informed about the stories shaping their communities and the nation. We believe in honest journalism, transparency, and delivering the facts—without unnecessary opinion or sensationalism. Stay informed with trusted news as it happens, only on RawNews1st.
