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Tough decisions ahead for the Chancellor
Fed, BoE and ECB all on different paths
Highest levels since the 1990s
£1.1bn borrowed in July
Core CPI also up to 3.8%
June figures revised to 0.4%
Core inflation at 3.1%
Ended 30 June 2025
Up from 3.4% in May
Kicks off on 1 November 2025