UK inflation edged slightly higher in March according to latest figures.

The annual rate of inflation excluding mortgage repayments rose to 2.3% in March, up from 2.2% in February, the Office for National Statistics said.

Inflation including mortgage repayments - which vary according to the level of interest rates - rose to 1.3% from 1.0% in February.

The underlying rate of inflation remains under the Government's target of 2.5% a year.