Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’

Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect.  Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher than the last [...]