The UK inflation rate has hit double digit figures – 10.1% – the Office for National Statistics says.

It’s a higher rate than analysts were predicting – the last time price rises were in double digits was in February 1982.

Rising food and drink prices made the biggest contribution to the change in the inflation rate between June and July, but the cost of living is rising across the board, driven partly by energy costs and the Ukraine war but also factors such as the cost of raw materials.

Source: BBC News