Rishi Sunak said inflation was “the enemy that we need to face down” after it rose to a 41-year high of 11.1 per cent today.
ONS data showed that inflation – fuelled by rising energy and food prices – jumped from 10.1 per cent in September, surpassing the 10.7 per cent economists had expected.
The Bank of England is tipped to raise interest rates by a further 0.5 percentage points to 3.5 per cent when it meets in December.
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