BREAKING: Inflation hits 30-year high of 7%

The annual rate of inflation shot up to a fresh 30-year high of 7% in March reflecting, for the first time, the immediate effects of Russia's invasion of Ukraine.

The largest contributors to growing inflation were increased fuel prices and energy bills, according to the Office for National Statistics (ONS).

The consumer prices index (CPI) rose from 6.2% in February and was higher than expected, with economists having predicted a rate of 6.7%.

[adrianlatham]

She lost me at BREXIT. Let’s be honest, this is happening everywhere. Is it Brexit in US?

[nick]

Youll own nothing and be happy.
Don’t think this is accidental!

[joshuagrover]

UK public: "How are we going to live?"

UK Chancellor Rishi Sunak: "California here we come, down the 101, " "Cross the pond we're glide along, " "California, " "California!"

[rooksfoot]

yet a pasty that that used to cost £1.00 now costs £1.30 what math do they use...

[wm]

Wasn't expecting this after studying the Great Reset

[waikenchan]

Time to get some gold / silver to maintain purchasing power.

[mcgee]

Some people would blame the taste of food on brexit

[PerryUK]

The main thing is that Emperor Boris Johnson is enjoying himself!

[britishrose]

It only affects 'everyday people' - phew, I'm a person on Wednesdays, Fridays and Sunday afternoons, not everyday thankfully.

[LeeKirkman]

Creeping cost of living? more like Tsunami !

[JustMeTalking]

Armed robbers reportedly knocked over a Security Guard carrying money boxes... to get past him to steal a full Shopping Trolley leaving Sainsburys...

[hmohamed]

The world economic forums plans are going well ahead. This is just the beginning

[flowerpetal]

my £67.50 JSA, I am too poor for Aldi.... Lidl might as well be Harrods and Tesco, who do u think I am Bill Gates..

[danielwebb]

I blame Brexit and government policy.
That's why yesterday's lead economic story was US inflation higher than ours today.

[dk]

It's going exactly the same way here in Australia too

[brightdayafro]

Someone's loss, someone's gain😉

[michaelkavanagh]

Don’t print money. This is the result.

[aarondavids]

Don’t worry Sunak is making life easier for people

[oldmechanic]

Yet big companies report record profits.

[citykeys]

Inflation by design . I feel sorry for any1 in University trying to get that 1st class to Unemployment.