Inflation in the UK rose to 2.9% in May, up from 2.7% in April and just 0.3% a year ago, the Office for National Statistics (ONS) has revealed.
The UK Consumer Price Index (CPI) rose to levels last seen in April 2012, as a result of rising prices for cultural goods and services. The ONS said: "Rising prices for recreational and cultural goods...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions