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UK inflation jumps to 3.5% on rising motor fuels cost; UK approves Jackdaw gasfield – business live

The Guardian Business Wednesday 21 October 2026, 06:14 UTC By Julia Kollewe 1 min read
Key Points

Petrol and diesel costs rise the most in four yearsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. UK inflation has accelerated more than expected to 3.5% as the cost of motor fuels surged at the fastest rate in four years, with diesel topping £2 a litre this month.

Petrol and diesel costs rise the most in four years

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

UK inflation has accelerated more than expected to 3.5% as the cost of motor fuels surged at the fastest rate in four years, with diesel topping £2 a litre this month.

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Originally published by The Guardian Business Read original →

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