UK inflation falls as millions set to be hit with hefty bill hikes plus what it means for your money

THE UK’s rate of inflation has slowed in a boost for the government -we reveal what it means for your money.

The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 2.5% in the 12 months to December.

This was down from 2.6% in November, the highest since March, and comes amidst market turmoil caused by increased government borrowing.

Most analysts had been expecting the inflation...