let s start here in the uk, where prime minister liz truss is no longer promising to increase state pensions in line with surging inflation, and has asked ministers to look for more spending cuts. two weeks ago, the prime minister said she was committed to what s known as the triple lock. that means payments rise by whatever is higher between prices, average earnings or 2.5%. however her spokesman said truss was now not making any commitments on government spending. inflation figures are out in a few hours time and expected to show its at 10 percent, whilst the figure for average earnings is just below 5.5%. joining me now is dan kemp global chief investment officer at morningstar investment management. this investment management. will be a real concern foi many this will be a real concern for many pensioners, this trust when asked about the triple lot can my colleague asked her she said she was committed to that? you are correct, it will be of great concern to pension
i m across the city at the kayll road, one of sunderland s warm spaces as at survey conducted on the half of the bbc say many people are delaying putting the heating on this winter to try to save cash. the other main headlines this morning: a report on failings in maternity care at the east kent hospitals trust is to be published families have been warned it s likely to be harrowing. good morning. a terrific turnaround from crystal palace they come from behind to beat wolves in the premier league, with wilfried zaha s winner sending them up to tenth in the table. we are in for another unseasonably mild day across much of the uk and we also have some rain pushing up the western side of the country. the sunnier skies will be in the outer hebrides and parts of the southeast. i will have all the details later. good morning. it s wednesday, 19th october. welcome to the national glass centre here in sunderland. we are here to talk about the rising cost of living and how it s af