Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest rates Business live – latest updates UK inflation rose to 2. 9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households. Underscori...
Source: [Guardian World](https://www.theguardian.com/business/2026/aug/19/uk-inflation-rise-iran-war-energy-consumer-prices-index-interest-rates)