International body warns British rate will be higher than that in US, despite effects of Trump tariffsBusiness live – latest updatesThe UK is set to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development (OECD) has warned.Amid resurgent food prices, with some retailers blaming the UK government’s £25bn-a-year increase in employer national insurance contributions for pushing up costs, the OECD predicts that inflation in the UK will average 3.5% in 2025. Continue reading...
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