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VIDEO: UK inflation hits 40-year high as food prices rise

Inflation is the bad news that keeps on coming. Today's figures show that it has crept up again to just over 9 percent, the worst in four decades.

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But behind that headline number others even more alarming ones lurk - like a 32 percent increase in the price of petrol and double digits for staple foods like bread and meat.

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Inflation is a global ogre but it is worse in the UK than in the rest of the G7 and is expected to last longer. It has also hits the poorest hardest.

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So what now?

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