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.

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.

The haul - the highest ever for July - was boosted by Rachel Reeves' employer national insurance raid. However, that policy is also blamed for making it harder for firms to hire.