The Canada Brief

Economy · 12 d ago

Vintage petrol pump

Fuel prices push U.K. inflation to 3.5 per cent

Petrol rose 8.2p a litre in September to 169.5p, and diesel reached 192.5p, as Middle East and European conflicts squeeze oil supplies.

Borrowed in September

24.5 billion pounds

U.K. government borrowing hit nearly £25 billion in September, putting the year to date £6 billion above official forecasts.

Oct

28

Wednesday

United Kingdom

Chancellor John Healey delivers his first Budget on Oct 28, promising no rise in income tax, National Insurance or VAT.