UK Inflation Hits 3.3% as Fuel Shock Threatens Higher Bills and BoE Rate Cuts
Inflation in Britain climbed to 3.3% in March, up from 3.0% the month before—marking the first time official data pointed to the Iran conflict and pricier energy filtering through to consumer prices. The result, matching economists’ median forecast from a Reuters poll, has upped the stakes for the Bank of England and Chancellor Rachel Reeves.
