LIVE: Keir Starmer questioned as UK inflation rises

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Prime Minister Keir Starmer takes questions in parliament for the final PMQs of 2024.

PMQs begins 12:00 pm (GMT)

Inflation in the UK climbed to 2.6 per cent in November, solidifying expectations that the Bank of England will keep interest rates unchanged on Thursday.

READ MORE: https://www.thetimes.com/business-money/economics/article/uk-inflation-rises-to-26-percent-5blvwlkgp

The Office for National Statistics (ONS) said that the rate of price growth in the UK economy increased from 2.3 per cent in October. Analysts had expected a rate of 2.6 per cent, while the Bank of England forecast a rate of 2.4 per cent.

It is the second month in a row that inflation has risen, pushing it further above the central bank’s target of 2 per cent and to the highest level since March.

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