News in Review Wednesday 29th April 2026

The latest Office for National Statistics inflation figures, the US State visit, IHT receipts continue to climb.

Key takeaways:

  • Prices increased by 3.3% in the 12 months to March, up from 3% in February – motor fuels a key driver
  • King Charles began a four-day state visit to the United States to promote reconciliation of UK-US relations
  • Statistics from HMRC have found that, in the 2025/26 financial year, Inheritance Tax (IHT) receipts reached £8.5bn