Headline rate
Food and non-alcoholic beverages
20%
25 Oct 2022
Rishi Sunak becomes PM
15
24 Feb 2022
Russia invades Ukraine
10
Government headline
target rate 2%
5
0
-5
2010
2014
2018
2022
Headline rate
Food and non-alcoholic beverages
20%
25 Oct 2022
Rishi Sunak becomes PM
15
24 Feb 2022
Russia invades Ukraine
10
Government headline
target rate 2%
5
0
-5
2010
2012
2014
2016
2018
2020
2022
2024