UK inflation figures for April are expected to have slowed from 3.3 per cent to 3 per cent – but there is a warning that prices are set to keep rising later this year. The war in Iran and the ensuing Middle East conflict have sent oil prices spiralling since the start of March, resulting in higher energy prices that will, in turn, affect food production, manufacturing, and overhead costs for firms, as well as higher fuel costs. Rising prices mean a return to rising inflation for the UK , after a four-year battle by the Bank of England (BoE) to bring it under control, after it spiralled due to the Ukraine war. But when figures are released by the Office for National Statistics next week for April 2026, as well as comparing the month-to-month figure, the headline Consumer Prices Index (CPI) figure will also compare the current picture to April of last year. Last year, there were notable price hikes across water, electricity, council tax bills and more.…