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UK inflation increases in July, driven by a surge in gas bills; oil prices rise again – business live

The Guardian

BusinessThe Guardian·Aug 19, 2026·1 min read

UK inflation increases in July, driven by a surge in gas bills; oil prices rise again – business live

Brent crude approaches $92 a barrel; Asian shares slump after Wall Street chip sell-off Scott Gardner, investment strategist at J.P. Morgan Personal Investing, described the rebound in UK inflation as a “warning shot for what could come…

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