ONS data shows an increase from 2.9% in July to 3.1% in August
BoE rate hike priced in for 2026
Stagflation concerns remain in focus for investors this year
Increase in inflation 'worse than feared' due to Middle East conflict
Uncertainty over central bank rates
ONS data shows CPI Index rose for the first time in five months
Industry warns wider economic backdrop remains 'fragile' ahead of Autumn Budget
Government green-lights CDC scheme expansion, Sterling 20 initiative launches, inflation figures published