UK inflation in record August jump as food and drink prices rise

Leap to 3.2% from July's 2% is largest increase in annual rate from one month to next since records began

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UK inflation made its biggest jump on record in August, adding to pressure on households as the government ramps up taxes on workers and prepares to cut universal credit benefits from next month.

The Office for National Statistics (ONS) said the consumer prices index measure of annual inflation rose to 3.2% in August, up from 2% in July, to hit the highest rate since March 2012.