The UK's main inflation rate jumped sharply to 2.7% in October, catching out forecasts and prompting fresh worries it will remain above target for longer than feared.
The Bank of England's quantitative easing (QE) programme, now at £375bn, and its move to slash the base rate to a record low of 0.5% has helped stimulate inflation and stave off a deflationary environment...
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Up from 14% in 2017