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The headline CPI rate was down slightly from the 3.2 per cent recorded in August, despite analysts' expectations it would hold steady.

The stern warning came as research found households expected to end up paying as much as £23 more per week for food, non-alcoholic drinks, electricity, gas and motor fuel by the end of the year.

Petrol prices have surged to a near-record high as Food and Drink Federation chief executive Ian Wright warned ministers to 'think seriously' about inflation which is running between 14 and 18 per cent.

July 19, 2021 LONDON: Political uncertainty caused by leaving the EU was beginning to be felt by manufacturers even before the departure and signing of the trade deal last year, new research suggests. Manufacturing firms were seeing their dependence on the EU as an export market decline even before the impact of Brexit, said Make UK and business advisory firm BDO LLP. Their study indicated that only firms in the West Midlands and Scotland saw the share of exports to the EU increase slightly last year. Trade with the EU has improved recently but quarterly trade data for the first three months...

British manufacturers, spurred by rapidly increasing new orders, have stepped up their plans for hiring and investment as the economic recovery from the COVID-19 pandemic takes hold, an industry survey showed on Monday.