UK Inflation Surges to a New Record High of 4.2%, Beating Expectations - NewsBreak

The U.K.'s Consumer Prices Index rose by 4.2% in the 12 months to October 2021, up from 3.1% in September. Economists polled by Reuters had a expected a figure of 3.9%. The Bank of England held interest rates steady earlier this month, defying many investors' expectations that it would become the...