UK inflation holds steady

A high street price squeeze by struggling retailers offset higher transport costs to keep the cost of living unchanged in March, official figures showed today.

A high street price squeeze by struggling retailers offset higher transport costs to keep the cost of living in Britain unchanged in March, official figures showed today.

The official measure of UK inflation, the Consumer Prices Index (CPI), remained at 2.5% last month - marginally below economists' expectations - according to the Office for National Statistics (ONS).