U.K. Inflation Hits 40-Year High, Putting Government on Defensive - The Wall Street Journal

The U.K.’s annual rate of inflation jumped to 9% in April, the highest level recorded by an industrialized nation since the start of the global price surge last year. The British pound and gilt yields fell after the data.

LONDONThe U.K.s annual rate of inflation jumped to a forty-year-high in April, the highest level recorded by an industrialized nation since the start of the global price surge last year. Consumer pr… [+260 chars]

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