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Hello and welcome to Coffee House Shots' Spectators Daily Politics podcast.

I'm Katie Bulls and I'm joined by Kate Andrews and Isabelle Hardman.

So pressure is rising on the chance that in the face of the cost of living crisis

with some new figures out today on inflation. Kate, can you talk us through them?

So the Office for National Statistics gave us the update on April's inflation figures

and the headline rate rose to 9% on the year in April up from 7% in March.

Really a significant rise. This takes inflation to a 40-year high and it's also very fast rise.

We can quite easily explain April's big hike by the fact that that was a month that the

energy price cap was lifted and for your average household that escalated bills by about 54%.

So we can understand where that figure comes from but the difficulty obviously Katie is that

inflation has been on the rise for many, many months now. This is the same week that the

governor of the Bank of England appeared in front of the Treasury Select Committee where he

basically said that he felt helpless even though more or less he and the monetary policy committee

have one job and that's to meet the inflation target of 2% well below the 9% where it now.

This is causing all sorts of difficulties. It's causing causing tension amongst central bankers,

politicians pointing the finger of blame at each other quietly in briefings because they don't

want to be found responsible for this terrible price spiral that we're seeing. It's causing

pressure on the chancellor to move faster than his autumn budget. In many ways a lot of this is

out of politicians control. These are international factors, energy prices rising supply chain

...