Energy Bills Push UK Inflation To 41 Year High

Food prices are rising at their fastest rate for 45 years, with the cost of basics such as milk, cheese, and eggs surging. <br />Food price inflation hit 16.2% in the year to October, up from 14.5% in September. <br />Energy and fuel costs also rose sharply, pushing the overall inflation rate to its highest level since 1981. <br />The Office for National Statistics says it was hitting poorer households hardest, as they spent around half of their income on food and energy, compared to about a third for those on middle incomes.