The Times

UK inflation rises more than expected to 3.8%

ITV News

UK inflation rises to 3.8%, driven by high accommodation and travel costs

The Independent

Inflation live: UK rate rises to 19-month high due to food prices and air fares, ONS says

UK inflation jumps to 3.8% hitting 19-month high after surge in food, petrol and travel prices

The Guardian

UK inflation rises by more than expected to 3.8% amid higher food prices

Daily Mail

UK inflation jumps to 3.8% as the cost-of-living for Britons goes up again - nearly DOUBLE Bank of England's target

Express.co.uk

Reeves handed brutal warning over disastrous new inflation figures

Office for National Statistics

MelJStride

BBC News

UK inflation rises by more than expected to 3.8%, largely driven by air fares - live updates

The Telegraph

UK inflation jumps in wake of Reeves tax raid

Consumer Prices Index including owner occupiers' housing costs (CPIH)

Bank of England

Monetary Policy Report - August 2025

Ben Riley-Smith

Goldman Sachs

KPMG

Naomi Smith

Robert Colvile

UK Trade & Business Commission

Sharon Graham

Office for Budget Responsibility

Metaculus

"Today's #GDP growth figures are still a long way from @Keir_Starmer's target of 2.5% and it is far from clear that we are heading in the right direction."

"Labour are promising to be the fastest-growing country in the G7. And our growth forecast is 2% or less every single year of this parliament? Yeah, good luck with that."

"The economy is expected to grow by just over 1 per cent this year, rising to 2 per cent in 2025."

Research shows that "deep alignment with the EU on goods and services will deliver 2.2% economic growth to the UK."

"Closer ties with the EU could deliver growth of up to 2.2%. Clawing back up to half the damage caused by Brexit."

Will the UK Economy Grow By 2% GDP In a Year Under Labour?

Newly released data from the Office for National Statistics (ONS) on Wednesday has revealed that U.K. inflation has risen to its highest level since January 2024, reaching 3.8% in the 12 months to July.

Newly released data from the Office for National Statistics (ONS) on Wednesday has revealed that U.K. inflation has risen to its highest level since January 2024, reaching 3.8% in the 12 months to July.

Consumer Price Index (CPI) inflation rose by 3.8%, up from 3.6% in the 12 months to June and 0.1 percentage points higher than economists and the financial markets had predicted. Core CPI inflation – excluding energy, food, alcohol and tobacco – also rose from 3.7% to 3.8%.

Consumer Price Index (CPI) inflation rose by 3.8%, up from 3.6% in the 12 months to June and 0.1 percentage points higher than economists and the financial markets had predicted. Core CPI inflation – excluding energy, food, alcohol and tobacco – also rose from 3.7% to 3.8%.

The Consumer Prices Index including owner occupiers' housing costs (CPIH), which the ONS describes as its "most comprehensive measure of inflation," rose by 4.2% in the 12 months to July from 4.1% in the 12 months to June.

The Consumer Prices Index including owner occupiers' housing costs (CPIH), which the ONS describes as its "most comprehensive measure of inflation," rose by 4.2% in the 12 months to July from 4.1% in the 12 months to June.

The ONS claims that the increase in inflation was primarily driven by transport costs, which rose by 3.2% in July compared with 1.7% in June. This included a 30.2% rise in airfares over the period, alongside fuel increases of 2p per litre for petrol and 2.9p for diesel.

 Office for National Statistics 

The ONS claims that the increase in inflation was primarily driven by transport costs, which rose by 3.2% in July compared with 1.7% in June. This included a 30.2% rise in airfares over the period, alongside fuel increases of 2p per litre for petrol and 2.9p for diesel.

12-month food and drink inflation rose for the fourth consecutive month from 4.5% in June to 4.9% in July, while restaurant and hotel prices rose by 3.4% compared to 2.6%. Household services inflation, however, fell from 6.7% to 6.2%.

12-month food and drink inflation rose for the fourth consecutive month from 4.5% in June to 4.9% in July, while restaurant and hotel prices rose by 3.4% compared to 2.6%. Household services inflation, however, fell from 6.7% to 6.2%.

The figures follow the Bank of England's (BoE) decision to cut interest rates to 4% earlier this month. The Bank predicts that inflation will peak at approximately 4% in September before returning to the 2% target in the medium-term. CPI inflation had reached 11.1% in October 2022, before falling to 1.7% in September 2024.

The figures follow the Bank of England's (BoE) decision to cut interest rates to 4% earlier this month. The Bank predicts that inflation will peak at approximately 4% in September before returning to the 2% target in the medium-term. CPI inflation had reached 11.1% in October 2022, before falling to 1.7% in September 2024.

The Times #

ITV News #

The Independent #

LBC #

The Guardian #

Daily Mail #

Express.co.uk #

Office for National Statistics #

BBC News #

The Telegraph #

Bank of England #

Newly released data from the Office for National Statistics (ONS) on Wednesday has revealed that U.K. inflation rose faster than expected in July to its highest level since January 2024, when it reached 4%.

Newly released data from the Office for National Statistics (ONS) on Wednesday has revealed that U.K. inflation rose faster than expected in July to its highest level since January 2024, when it reached 4%.

In the 12 months to July 2025, the Consumer Price Index (CPI) rose by 3.8%, up from 3.6% in the 12 months to June, and one percentage point higher than economists and the financial markets had previously forecast.

In the 12 months to July 2025, the Consumer Price Index (CPI) rose by 3.8%, up from 3.6% in the 12 months to June, and one percentage point higher than economists and the financial markets had previously forecast.

The Consumer Prices Index including owner occupiers' housing costs (CPIH), meanwhile, which the ONS describes as its "most comprehensive measure of inflation," rose by 4.2% in the 12 months to July from 4.1% in the 12 months to June.

The Consumer Prices Index including owner occupiers' housing costs (CPIH), meanwhile, which the ONS describes as its "most comprehensive measure of inflation," rose by 4.2% in the 12 months to July from 4.1% in the 12 months to June.

The spike in inflation was primarily driven by transport costs, which rose by 3.2% in July compared with 1.7% in June. This rise was largely due to a 30.2% jump in airfares over the period, alongside fuel increases of 2 pence per litre for petrol and 2.9 pence for diesel.

The spike in inflation was primarily driven by transport costs, which rose by 3.2% in July compared with 1.7% in June. This rise was largely due to a 30.2% jump in airfares over the period, alongside fuel increases of 2 pence per litre for petrol and 2.9 pence for diesel.

Elsewhere, the ONS reported that 12-month food and drink inflation rose for the fourth consecutive month from 4.5% in June to 4.9% in July, while restaurant and hotel prices rose by 3.4% compared to 2.6%. Household services inflation, however, fell from 6.7% to 6.2%.

Elsewhere, the ONS reported that 12-month food and drink inflation rose for the fourth consecutive month from 4.5% in June to 4.9% in July, while restaurant and hotel prices rose by 3.4% compared to 2.6%. Household services inflation, however, fell from 6.7% to 6.2%.

The figures follow the Bank of England's 0.25 basis point cut to interest rates in early August, which reduced the bank rate to 4%. The central bank currently predicts that inflation will continue to rise and peak at approximately 4% in September before returning to the 2% target.

The figures follow the Bank of England's 0.25 basis point cut to interest rates in early August, which reduced the bank rate to 4%. The central bank currently predicts that inflation will continue to rise and peak at approximately 4% in September before returning to the 2% target.

Labour's reckless policies are the root cause of this spike in inflation, with job taxes and rising borrowing forcing businesses to raise prices. Reeves has managed to inherit a manageable 2% inflation rate and has nearly doubled it through misguided fiscal decisions. The result is further financial pain for British families who are already bracing for further tax rises in the autumn budget.

Labour's reckless policies are the root cause of this spike in inflation, with job taxes and rising borrowing forcing businesses to raise prices. Reeves has managed to inherit a manageable 2% inflation rate and has nearly doubled it through misguided fiscal decisions. The result is further financial pain for British families who are already bracing for further tax rises in the autumn budget.

Mel Stride

This Labour government has taken the hard decisions to stabilize the public finances after inheriting the economic chaos left behind by the Tories. Inflation is currently far below the previous government's double-digit rate, but more is needed to ease the cost-of-living, which is why the government will go further and faster with its Plan for Change to help working people.

This Labour government has taken the hard decisions to stabilize the public finances after inheriting the economic chaos left behind by the Tories. Inflation is currently far below the previous government's double-digit rate, but more is needed to ease the cost-of-living, which is why the government will go further and faster with its Plan for Change to help working people.

Chris Ratcliffe/Bloomberg via Getty Images

Chris Ratcliffe/Bloomberg via Getty Images

UK Inflation Hits 19-Month High at 3.8% in July

United Kingdom

Money

Politics

Reeves has made tough decisions in order to stabilize the economy after 14 years of Tory chaos. Despite a short-term rise, inflation remains far below the 11.1% seen under the previous government and is unlikely to set off any alarm bells. Through the BoE's quantitative easing and the government's Plan for Change, working people will be better off under this Labour government.

Reeves has made tough decisions in order to stabilize the economy after 14 years of Tory chaos. Despite a short-term rise, inflation remains far below the 11.1% seen under the previous government and is unlikely to set off any alarm bells. Through the BoE's quantitative easing and the government's Plan for Change, working people will be better off under this Labour government.

ING Think

Hot UK inflation not a gamechanger for the Bank of England

Reckless government policies and monetary indecision by the BoE are the cause of this spike in inflation. Reeves inherited a manageable 2% rate and has since nearly doubled inflation through misguided fiscal decisions, while the Bank's recent 5-4 split decision shows monetary uncertainty. British people are suffering because of poor decision-making at the highest levels of office.

Reckless government policies and monetary indecision by the BoE are the cause of this spike in inflation. Reeves inherited a manageable 2% rate and has since nearly doubled inflation through misguided fiscal decisions, while the Bank's recent 5-4 split decision shows monetary uncertainty. British people are suffering because of poor decision-making at the highest levels of office.

Reeves must take her share of the blame for rising inflation

There is a 50% chance that in December 2025 U.K. national debt (excluding public sector banks) will be 103% of gross domestic product (GDP), according to the Metaculus prediction community.

There is a 50% chance that in December 2025 U.K. national debt (excluding public sector banks) will be 103% of gross domestic product (GDP), according to the Metaculus prediction community.

UK Inflation Hits 19-Month High at 3.8% in July

UK Inflation Hits 19-Month High at 3.8% in July

The Spin

Metaculus Prediction

The Controversies

Graham

Colvile

Responsibility

Commission

Smith

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

UK Inflation Hits 19-Month High at 3.8% in July

UK Inflation Hits 19-Month High at 3.8% in July

The Spin

Metaculus Prediction

The Controversies

Graham

Colvile

Responsibility

Commission

Smith

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters