Inflation stays hot as UK’s economic woes deepenInflation is proving to be more stubborn than hoped. Inflation in the year to September remained sticky, new figures have shown, in further evidence that the UK’s economic woes have deepened and hit Brits harder than those in other countries. September was the third consecutive month that inflation hit 3.8 per cent, nearly double the Bank of England’s two per cent target. Inflation has now also been on an upward trend over the last year when inflation was 2.3 per cent in the month of Rachel Reeves’ first Budget. Core CPI inflation, which excludes food and energy prices, was 3.5 per cent, slightly below last month’s figure, while food price inflation was 4.5 per cent over the year.