Brits woke up to yet more grim news on inflation Tuesday, with new data showing prices in UK stores are rising at a record pace. It’s the latest sign of a seemingly intractable cost-of-living crisis that has Prime Minster Rishi Sunak considering drastic measures,

British Retail Consortium says rate fell from 15.7% to 15.4% even as rise in overall shop price growth hits fresh high

Prices at U.K. stores in the first week of May were 9% higher on year, a new record high, but food inflation slowed slightly, as lower energy and commodity costs started to ease.

British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled slightly, a survey showed on Tuesday.

"The continued move higher in shop prices in the UK offered a reminder that inflation remains sticky like glue, though there was a glimmer of hope as the surge in food prices eased just a touch," Russ Mould,