UK inflation RISES after millions hit with huge bill hikes – what it means for YOUR money

THE UK’s rate of inflation jumped to its highest level in over a year last month.

The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 3.5% in the 12 months to April.

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The ONS explained that the rise, from 2.6% in March, was due to a sharp increase in energy bills in April, along with higher costs for essentials like council tax and water.