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Inflation surprised analysts and markets by increasing to 4%. Daniel Mahoney tells James Sproule how the news affected the outlook for interest rate cuts.

Plus as geopolitical tensions continue in the Red Sea, Daniel explains how and why the uncertainty will affect energy prices in the UK and Europe and ultimately, inflation.

Finally the team considers whether latest figures on the labour market offer some much-needed economic good news.

All in under 15 minutes.

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