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The Latest Breaking News from Inflation

What time is Jeremy Hunt's autumn statement budget and what will he say

The Chancellor is expected to announce tax rises, service cuts, changes to benefits and pensions and changes to energy bills

Wales Online

Five charts that will shape the UK’s autumn statement

Plans are afoot to cut government borrowing with the economy on the brink of recession and the highest inflation for decades

The Guardian - UK

We fact-checked Samantha Ratnam's claim that Victorians have lost $66 billion at the pokies. Here's what we found.

Samantha Ratnam says Victorians have lost $66 billion on the pokies. But that figure does not account for inflation — or the losses that have occurred at Crown Casino.

ABC News

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Jeremy Hunt's austerity adds fuel to the fire during cost of living crisis

Record View: Hunt will undoubtedly try to blame the war in Ukraine and insist inflation is causing governments around the world to make savings.

Daily Record

Thailand to stress sustainability at Asia-Pacific summit

Leaders from the 21-member Asia-Pacific Economic Cooperation forum begin a two-day summit in Thailand’s capital on Friday with a crowded backdrop of issues to contend with: the Ukraine war, great power rivalry in Asia, inflation and food and energy shortages

The Independent UK

Inflation: how to improve official predictions – by asking the public

The eagerly awaited autumn financial statement from UK prime minister Rishi Sunak and chancellor Jeremy Hunt includes a key ingredient: a report from the Office for Budget Responsibility (OBR) on the predicted overall effects of the government’s policies on the economy. This is something the Liz Truss government studiously avoided…

The Conversation

Poorest households saw sharpest jump in cost of living last month, new figures show

Economists said Britain now has a 'significant cost of living gap between rich and poor households'

Wales Online

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Bristol charities and small business owners react as UK inflation hits 41-year high

"Charities are in the most precarious position I can remember.”

Bristol Post

The Standard View: The government must grip inflation and offer a realistic path out of the economic mire

Inflation is an insidious foe. It eats away at wages, savings and public spending. And it is still rising. The Consumer Prices Index — the headline measure of inflation — rose to 11.1 per cent in October, a 41-year high.

Evening Standard

Analysis-Italy's Meloni needs urgent fix for ballooning pensions bill

Italy's new prime minister Giorgia Meloni needs urgently to rein in a bloated pension system which absorbs most social spending and looks increasingly unsustainable in the face of surging inflation.

Reuters

Mapping the key trends in global trade – insights from the Global Trade Atlas

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

As inflation rises to 11.1% here's how much extra you are paying in supermarkets compared to a year ago

Some items have risen by nearly 50%

Manchester Evening News

Inflation drives Thanksgiving dinner costs to highest prices ever

Your Thanksgiving meal with all the trimmings is expected to cost 20% more than last year.

Axios

UK inflation hits 41-year high due to surging energy bills

SOARING energy bills sent UK inflation to its highest level for 41 years in October as the cost-of-living crisis continues to hit households,…

The National (Scotland)

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The Independent UK

Jeremy Hunt urged to intervene on ‘lethal’ runaway inflation and recession

Chancellor says he will make difficult decisions in Thursday’s budget

Insider UK

Campion Homes records 'robust' results amid challenging environment

Rising interest rates and soaring material price inflation are likely to hit next year's financial statements

The Independent UK

Asian shares fall on jitters over missile landing in Poland

Asian shares are mostly lower as investors experience jitters over global risks after Poland said a Russian-made missile killed two people there

Evening Standard

Inflation hits staggering 11.1% in October as Rishi Sunak warns it’s the ‘enemy we need to face down’

Energy bills drive inflation to 41-year high

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Evening Standard

FTSE 100 Live: Food and energy costs drive inflation rate to 11.1%

Huge spending cuts and tax rises will be unveiled by Jeremy Hunt today as the Chancellor attempts to restore UK economic credibility.

The Independent UK

UK inflation jumps to 41-year high of 11.1% as food prices soar

Food prices up by record amount as energy bill support fails to halt rise

Daily Mirror

Inflation hits 11.1% in new 41-year high as energy bills rocket - what it means for you

Inflation is used to show how much the prices of everyday goods and services have increased over time - when it increases, it means the cost of living is becoming more expensive

Daily Record

Scots communities left 'on brink of destitution' if Jeremy Hunt slashes public spending

EXCLUSIVE: The deputy leader of Glasgow City Council has warned local authority finances are already "beyond stretched".

StockNews.com

How to Take Advantage of Opportunities Created by This Bear Market

Bear markets can be brutal and messy. They often don't end until testing the resolve of investors. And even for bears, they aren't easy affairs as evidenced by the stock market's 7% pop following a soft CPI report. They also are necessary and healthy as they cleanse the financial system…

The Independent UK

Lifting of cap on bankers’ bonuses expected in Chancellor’s autumn budget

Earlier, the Prime Minister urged bosses to keep down their pay to not exacerbate inflation.

StockNews.com

The Fed WANTS a Bear Market & Recession

The stock market (SPY) rally since Thursday’s better than expected CPI report has been impressive. And on the surface, it only seems to be bolstered by Tuesdays PPI report. Unfortunately, that would be missing the forest for the trees. Let’s take a much deeper dive into why the Fed needs…

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