LONDON, United Kingdom (AFP) — British annual inflation surged to a fresh 40-year high in June on rising motor fuel and food prices, official data showed Wednesday, adding to a cost-of-living crisis. The Consumer Prices Index (CPI) jumped to 9.4 percent last month from 9.1 percent in May, the Office for National Statistics said in a statement. Analysts said the data put pressure on the Bank of England to raise interest rates by as […]