All the day’s economy and financial news, as Ankara hikes the tariffs on US rice, spirits and cars
- Turkey hits US with new tariffs
- Turkey: We’re responding to US attacks
- Lira rallies, as Turkish regulators tighten swap rules
Related: UK rail fares to rise by 3.2%
Just in: New inflation figures show that Britain’s cost of living squeeze continues.
The consumer prices index rose by 2.5% in July, up from 2.4% in June – the first year-on-year increase in 2018.
Rail fares to rise 3.2% in January, inflation figure confirms