Michael Saunders, a former member of the BoE's monetary policy committee which sets interest rates, said the latest inflation figure would be "some help" in trying to ease some of the worries over the UK economy - more on that in our next post.

Prime Minister Sir Keir Starmer was pressed to rule out any new tax rises this year by Conservative leader Kemi Badenoch at PMQs. He did not explicitly rule out more tax rises.

Keir Starmer faces grilling from Kemi Badenoch in Commons after surprise inflation fall Watch more on Independent TV: The Independent is the world’s most free-thinking newsbrand, providing global news,