UK inflation falls to 2.4%, sending pound sliding – business live

Cheaper airfares helped to pull Britain’s inflation rate down last monthBreaking: CPI fell to 2.4% in AprilAirfares dropped last month thanks to early EasterSterling has fallen to $1.335, lowest in 2018
Introduction: Why today’s UK inflation figures matter10.12am BST Kevin Doran, chief investment officer at stockbroker AJ Bell, warns that the drop in inflation may not last.“UK consumers will be glad to see average wage increases starting to outstrip inflation and for the spendi