Inflation in the UK has surged to 3% in January, reaching a ten-month high, according to the Office for National Statistics (ONS). The rise was driven by higher plane fares, increased food costs, and a sharp jump in private school fees. Analysts had expected a smaller increase of 2.8%. An ONS official explained that airfare prices did not drop as usual after the holiday season, food prices rose, and private school fees jumped significantly due to recent tax changes. Rachel Reeves defended the Government's economic strategy, stating that wage growth is outpacing inflation, putting an extra £1,000 a year in people’s pockets on average. She highlighted her focus on economic growth, cutting regulations, and investing in infrastructure. However, shadow chancellor Mel Stride blamed the Government’s 'record tax hikes and excessive spending', arguing that this rise will cause higher prices, prolonged high interest rates, and financial struggles for families.