Rachel Reeves came under fire on Wednesday after her tax raid on jobs helped push inflation to an 18-month high.

The Tories warned ‘Britain can’t afford Labour’ after figures showed consumer prices rose by 3.8 per cent last month compared with a year earlier.

That was up from 3.6 per cent in June and higher than the predicted 3.7 per cent figure.

Air fares, petrol costs and food prices were among the factors driving inflation higher.

Hotel prices also climbed – with some experts citing an ‘Oasis bump’ as fans snapped up rooms near venues for the band’s sold-out comeback tour.