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The Latest Breaking News from Inflation

Mini-budget caused ‘full-scale liquidation event’ for pension funds; UK inflation hits 10.1% – as it happened

CPI inflation has jumped to 10.1%, highest in 40 years, as Bank of England reveals funds were ‘shouting on the phone to us’ in days after mini-budget

The Guardian - UK

What is the triple lock and what difference does it make to pensioners?

Inflation, which is normally used to calculate the triple lock on state pensions, reached 10.1% in September

The Independent UK

UK inflation rises to 10.1% on back of soaring food prices

Annual rate returns to double digits in September as households face cost of living pressures

The Guardian - UK

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How 10.1% inflation affects your money and spending - plus full list of biggest rises

Inflation is now at 10.1% putting more pressure on household spending - but how exactly does rising inflation affect your money and will inflation keep going up?

Daily Mirror

Inflation – live: Cost of living crisis deepens as price rises hit 40-year high

Charities mount pressure on government to keep triple lock to protect pensioners

The Independent UK

Inflation surges back to 40-year high after food prices soar

INFLATION last month returned to the 40-year high it hit earlier this summer after food prices soared.

The National (Scotland)

U-turn could cost pensioners £442 a year from next April

“A reduced pension rise, combined with a cut in help on energy bills, could be part of a ‘double whammy’ for millions of pensioners”

Wales Online

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UK inflation jump calls for matching rise in state benefits

Standard formula means payments would increase by 10.1% but Jeremy Hunt could choose cheaper option

The Guardian - UK

Government refuses to commit to raising benefits and pensions in line with soaring inflation

Labour accuses government of ‘generating further anxiety’

The Independent UK

Pensions set for bumper increase after Truss says triple lock is being protected

Prime Minister Liz Truss insisted ‘we are protecting the triple lock on pensions’.

The Independent UK

Exact amount your Universal Credit and state pension could be cut in April by Liz Truss

How much is the UK state pension and what is the forecast for its rise if Liz Truss scraps the triple lock? As the UK September inflation rate is confirmed to be 10.1%, we explain what it all means for pension and benefit payments

Daily Mirror

Clashes break out as French strike for higher wages

Dozens of black-clad protesters clashed with police and broke shop windows on the margins of a demonstration when several thousand people took to the streets of Paris to call for wage hikes as high inflation eats away their purchasing power.

Radio France Internationale

UK inflation accelerates to 40-year-high amid food cost rise

U.K. inflation accelerated to a 40-year high in September as the soaring cost of food squeezed household budgets

The Independent UK

Liz Truss says Government committed to pensions uplift after Tory MPs threaten revolt

Tory MP Steve Double said the Prime Minister’s “position is becoming increasingly untenable”.

Evening Standard

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Chronicle Live

Inflation back to 40-year high as food costs rise by more than 14%

The headline inflation rate has risen to 10.1%, largely driven by the quickest increase in food prices in 40 years

Insider UK

Food prices push UK inflation back to 40-year high

Consumer Prices Index inflation reached 10.1% in September,

Evening Standard

Inflation returns to double-figures as food prices surge

Food prices soared by 14.6 per cent, the fastest rate of increase in 40 years

Evening Standard

FTSE 100 Live: Inflation at 10.1% as food prices surge, fuels rates rise pressure

UK inflation is back in double digits after soaring food and drink prices sent September’s annual rate to an equal 40 year high of 10.1%.

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The Independent UK

UK inflation rises back to 40-year high of 10.1% as food prices soar

Food prices rose by 14.6% in the 12 months to September

Wales Online

Inflation rises to 10.1% and could be good for pensioners and Universal Credit

This is the figure the Government should use to determine how much DWP benefits will be from April

Daily Mirror

State pension to rise by up to £972 a year as Liz Truss says she WILL keep triple lock

The state pension is due for a bumper rise next year as inflation hits 10.1%, but the Conservatives have dropped heavy hints that this could be snatched away in 2023, which experts are calling a 'slap in the face' for retirees

WEKU

The IRS is increasing the standard deductions for 2023 as inflation intensifies

The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.

Insider UK

More Scottish businesses in financial distress as property and logistics firms hit by inflation and economic turmoil

Rate of distress in Scotland rise more quickly than in other parts of UK

Daily Mirror

Inflation surges to above 10% in fresh cost of living blow for millions of Brits

CPI inflation hit 10.1% in the 12 months to September - up from the 9.9% recorded the month before and still at the highest levels seen in 40 years - as the cost of living crisis continue to squeeze finances

Wales Online

£752 cut to Universal Credit and other DWP benefits could be announced in days

The Government has refused to say when its decision will be announced

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