by Ben PERRY Agence France Presse LONDON, United Kingdom (AFP) — British inflation surged to a new 40-year high in July on soaring food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession. The Consumer Prices Index (CPI) accelerated to 10.1 percent last month from 9.4 percent in June — itself a four-decade high — the Office for National Statistics said. The Bank of England […]