UK inflation rises on dearer alcohol and clothes

Cost of living edged up to 0.3% in January, its highest rate for a yearInflation edged up to its highest rate for a year last month as rises in the price of alcohol and clothing pushed up the cost of living.The consumer prices index (CPI) rose to 0.3% in January from 0.2% in December, according to the Office for National Statistics (ONS). Continue reading...