UK inflation to be highest in G7 this year in huge cost of living blow

OECD predicts UK inflation to reach 3.5% in 2025, 0.4 percentage points higher than its previous forecast Higher tax and spending cuts are set to drag on UK growth next year PA Wire Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK will face one of the highest inflation rates of any major economy in the world in a significant cost of living blow to Britons. Economists from the Organisation of Economic Co-operation and Development (OECD)…