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Chancellor Rishi Sunak is facing more economic pressure today after the rate of inflation soared to a 30-year high.
The rate of Consumer Prices Index inflation increased to 7 per cent in March from 6.2 per cent in February, the Office for National Statistics has said.
The rise was higher than the 6.7 per cent that analysts had expected and was driven by fuel, restaurant and food prices.
It comes after the UK also recorded uninspiring employment figures and slower GDP growth this week.
It was once more the highest point since March 1992, when inflation stood at 7.1 per cent.
Labour's Pat McFadden, the shadow chief secretary to the Treasury, said: 'The cost of living is hitting households hard. Not only are energy prices up, the Government is imposing tax rises. And as today's rising inflation figures show, prices on everyday items
