Inflation has increased to 3.1%. The Bank of England is considering its next move regarding interest rates.

Further details about this development are available from the source. The Bank of England's decision on interest rates is pending, and the recent inflation figure may influence their choice.

The source provides more information on the current situation and the potential impact of the Bank of England's decision. Readers can refer to the source for a more detailed understanding of the inflation rate and its implications.