Fuel UK 13-05-2008 Inflation hits 3pc as food and fuel costs soar The cost of living soared last month, with the official annual inflation rate jumping to 3pc driven by higher fuel and food costs. The cost of living soared last month,…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#Bank of England#interest rates#Paid#risk