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The Latest Breaking News from Inflation

Amount your State Pension could be cut by in April by Liz Truss despite triple lock rise

The pressure is on for Prime Minister Liz Truss to ensure that pensioners are not worse off

Liverpool Echo

Bosses in a pickle at Branston as workers strike outside Middleton HQ

Staff say they are being offered a 'real terms pay cut'

Manchester Evening News

UK motorists count cost amid rise in price of car parts, repairs and servicing

Three drivers and a garage owner explain how rising costs have affected prices

The Guardian - UK

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Rising Inflation Keeps Pushing This EV Stock Further off the Road

Electric Vehicle (EV) maker Lucid Group (LCID) failed to translate its top-line growth to bottom-line improvement in the second quarter of fiscal 2022. While the company mentioned strong demand for its offerings, chip shortage, material price inflation, and supply chain challenges might weigh on its growth prospects. Shares of LCID…

StockNews.com

The Standard View: The Chancellor’s priority must be to get inflation under control

Political crisis and economic hardship often go hand in hand. Today, as Westminster watchers turn their attention to Prime Minister’s Questions, millions of families across the country are counting the cost of higher prices.

Evening Standard

Liz Truss 'committed' to pensions triple lock just day after No10 indicated it could be ditched

The Prime Minister told MPs at PMQs earlier today that she and Chancellor Jeremy Hunt will be increasing pensions in line with inflation.

Daily Record

Full State Pension payments could rise to £203 each week from next April under Triple Lock rule

Prime Minister Liz Truss confirmed the UK Government's commitment to the Triple Lock rule during PMQs on Wednesday.

Daily Record

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Liz Truss contradicts Chancellor by announcing pensions triple lock will stay

But prime minister refuses to make similar commitment to avoid real-terms cuts to benefits

The Independent UK

How rising inflation could impact pensions as PM says she is 'completely committed' to triple lock

Inflation has soared back to double digits which will result in economic consequences

Manchester Evening News

Good Morning Britain's Susanna Reid left embarrassed after phone blunder live on air

Addressing viewers, Susanna continued discussing the news that inflation has now risen to 10.1% but the broadcaster was interrupted by her phone.

Daily Record

House prices soar AGAIN to nearly £300,000 - but experts say a fall is coming

The typical UK property costs a staggering 13.6% more than it did a year ago, but experts say a house price fall is still coming next year with predictions of a 10-15% drop

Daily Mirror

Food price surge brings more cost-of-living pain

Inflation up with interest rates next

Evening Standard

Raise benefits in line with inflation before next April, Government told

Campaigners have warned leaders not to ‘abandon children when they need support the most’, with figures showing inflation reached 10.1% in September.

The Independent UK

7 DWP money saving discounts and grants for Universal Credit claimants as cost of living hikes

Inflation has risen to 10.1% in the 12 months to September

Nottingham Post

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The Guardian - US

Are Democrats messing up their midterm messaging? Our panel responds

Democrats have come under fire from critics like Bernie Sanders, who say the party isn’t focusing enough on the economy. Is that right?

Chronicle Live

How much your Universal Credit and state pension could be cut by in April

How much is the current UK state pension, and what is forecasted should Liz Truss choose to scrap the triple lock? Here's everything you need to know about next year's planned payments

The Independent UK

What is inflation and what is its current rate in the UK and Europe?

UK inflation hit a 41-year high in October as gas prices soar

The Independent UK

What does inflation mean for you?

Cost of living crisis continues to bite as energy bills, fuel and food prices climb

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Liverpool Echo

Warning for anyone who does the weekly food shop

The inflation increase was driven by food prices

Evening Standard

What is the pension triple lock?

The triple-lock guarantee was put in place to protect pensioners from having their state pension increase exceeded by the rising cost of living

The Guardian - UK

UK inflation: which goods and services have risen most in price?

From low-fat milk to olive oil, pet products to air transport, how costs have soared

Daily Record

Inflation returns to 40-year high as fears over cost of living crisis grow

The SNP's economy spokesperson Alison Thewliss said the rise in inflation was due to the situation in Downing Street.

The Independent UK

Foreign Secretary warns Tories against ‘defenestrating’ another PM

James Cleverly insists mistakes ‘do happen’ after Liz Truss’s authority was hammered by a raft of humiliating U-turns.

Evening Standard

Just Eat orders see sharp tumble as cost-of-living pressures grow

Just Eat boss Jitse Groen said restaurants have put prices up “by a lot” amid soaring food inflation

The Guardian - UK

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

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