How much more energy and food costs as a result of the Russia

It is now more than three and a half years on from the Russian invasion of Ukraine in February 2022.

Although there have been recent moves by US president Donald Trump and European leaders to end the war, a conclusion has not yet materialised.

The conflict has had huge implications for the global economy, with rising inflation over the previous few years being in part down to the war.

Though inflation in the UK is down from the 11.1 per cent peak it hit back in 2022, it is now rising again.

We take a look at the three key areas where the war has impacted the UK economy, and what could happen in the future.

Energy prices – up £600 a year

Energy prices have played a significant part in the cost of living crisis, with the average annual household bill now £600 higher than before the