UK inflation could surge to 15% – Bloomberg ...News

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UK inflation could surge to 15% – Bloomberg
Absence of state aid would expose Britons to skyrocketing bills The UK's annual inflation could surge to 15% by the start of next year as further sharp increases in energy prices push up the cost of living, Bloomberg reported on Thursday. Price pressures are likely to be stronger and last longer than expected unless the government develops relief measures for households struggling to pay their energy bills, the news outlet wrote. The cost of goods and services in the UK had already spiked to a 40-year high in September, with the Consumer Price Index (CPI) gaining 10.1% in the 12 months to September 2022, according

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