Tuition fees causes inflation spike

INFLATION hit 2.7% in October fuelled by escalating university tuition fees, latest data showed today.

The Office for National Statistics said the Consumer Prices Index (CPI) increased by half a percentage point last month – higher than many observers were expecting.

Coverage of the inflation data is brought to readers of in partnership with stockbrokers Redmayne-Bentley.

“The main upward pressure came from the education sector (university tuition fees) with smaller upward contr... For the full story register now for free or login below...