Chancellor George Osborne on inflation 'concern'

The Chancellor, George Osborne, says he understands the pressure on families as the latest figures put inflation at its highest rate in 8 months.

Mr Osborne also said he supported the work being done by the Bank of England to tackle high inflation.

The Consumer Prices Index (CPI) rose to 3.7% in December, up from 3.3% in November.

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