Cost of living soars to highest level since 1992

Published4 minutes ago

The cost of living soared higher last month, as fuel prices continued to climb.

Prices rose by 7% in the 12 months to March, their fastest rate for 30 years and up from 6.2% in February.

Prices are rising faster than wages and there is pressure on the government to do more to help those struggling.

Experts say April's inflation rate could hit 8% after the energy price cap was increased, driving up gas and electricity bills for millions.

Related Topics