Inflation is volatile and reading too much into one month's figures would be a mistake, but the UK's inflation rate has been persistently higher over the past year compared to the US and other large economies in Europe.
He said that the UK is more likely to use gas to heat homes and keep lights on than other European countries. He said that the US produced a lot of its own gas and relied on Liquefied Natural Gas LNG A study by the think tanks Centre for European Reform and the think tanks Centre for European Reform and UK in a Changing Europe shows there are 330,000 fewer workers in the UK as a result of Brexit, with sectors such as transport, hospitality and retail particularly hard hit.