https://www.taxtmi.com/news?id=44291 UK consumer inflation rose to its highest level in over a year in April, driven by large annual increases in household bills, higher business taxes and a sizeable minimum wage rise; the uptick increases the likelihood that inflation will remain above the 2 percent target for some time and has made planned interest rate cuts less certain, prompting a more cautious, data dependent central bank stance. en-us Wed, 21 May 2025 15:16:03 +0530 Wed, 21 May 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44291 UK consumer inflation rose to its highest level in over a year in April, driven by large annual increases in household bills, higher business taxes and a sizeable minimum wage rise; the uptick increases the likelihood that inflation will remain above the 2 percent target for some time and has made planned interest rate cuts less certain, prompting a more cautious, data dependent central bank stance. News - Wed, 21 May 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=44291