British Inflation

The increase was the biggest month-to-month rise in the annual CPI rate since October 2022

Compared with February 2020, the last month before COVID-19 lockdowns started, sales volumes are still 0.8% lower

Public sector net borrowing, excluding state-controlled banks, was a larger-than-expected $18.75 billion last month

The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday's US inflation figures

The currency is trading around $1.18, less than 4 US cents away from its weakest level since 1985 against the dollar, underscoring the challenges facing the British economy

Around 110,000 British workers are off sick with long Covid symptoms, costing them £1,100 ($1,320) in lost earnings at a time of an escalating cost of living crisis, new research shows

Inflation in the United Kingdom accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said

Inflation is high around world but in Britain there is extra pressure due to fall in sterling