government budgets. hello and welcome to bbc news with mejoanna gosling in sunderland and annita mcveigh in westminster. we re here today to talk about the rising cost of living and how it s affecting you and your family. new figures out today show inflation in the uk has returned to the ao year high it hit earlier this summer. the rate, as measured by the consumer prices index is at 10.1%. the story is very much around the cost of food prices, currently up 14.6%. a cost of food prices, currently up 1a.6%. a very human story and we will be here throughout the day in
talking to people about how they are coping with rising prices. join they are coping with rising prices. us at 9.30 at the we join us at 9.30 at the fire station. we have an audience full of fascinating people from all walks of life who will be talking about the cost of living crisis and how it is affecting people who work and live in the city. join us at 9.30. and i m annita mcveigh at westminster where at 12 o clock, liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices, which would be breaking a manifesto pledge. obviously we take manifesto commitments incredibly seriously. the chancellor will be making a statement in just over a week s time, where he will set out all the plans for taxation and expenditure and government budgets.
i really hate the fact that people are suffering the weight you just described. we got to do something about it, we cannotjust sit. you about it, we cannot ust sit. you have been in h about it, we cannot ust sit. you have been in power about it, we cannotjust sit. you have been in power for 12 years, how can you have been in power for 12 years, how can you say have been in power for 12 years, how can you say you re trying to do something, you ve been in power for 12 years? i m annita mcveigh at westminster where, in an hour s time liz truss will face questions from mps in the house of commons for the first time since the almost complete reversal of her economic plan. and as inflation hits double figures, downing street refuses to commit to increasing state pensions in line with prices which would be breaking a manifesto pledge. obviously, we take manifesto commitments incredible seriously. the chancellor will be making a statement in just over a week time where he will s
previously contrary to what liz truss had previously pledged that the uk government will keep in place a triple government will keep in place a triple lock government will keep in place a triple lock which is the guarantee that pensions will increase by inflation that pensions will increase by inflation or average endings of 2.5%, inflation or average endings of 2.5%, whichever is higher with surging 2.5%, whichever is higher with surging inflation rates, that will put a surging inflation rates, that will put a massive strain on uk government budgets at a time where a new chancellor is trying to cut everything they can make everything like edward scissorhands. every big olitical like edward scissorhands. every big political problem like edward scissorhands. every big political problem for like edward scissorhands. every big political problem for the political problem for the conservatives and cutting, pensioners and it s the vote loser. if they can guarantee to go ou
about £1 per person per year. in america, their budget for the first three artemis emissions is going up to around 100 billion us dollars and that sounds like an awful lot of money but that is spread over nearly 15 years and in one year the us will spend $750 billion on defence. although these sums of money sound enormous, in the grand scheme of government budgets it s not much at all and they positively impact our lives on earth through things like spin off technology because there is something about space exploration that attracts the most brilliant minds and inspires innovation beyond what would necessarily happen. for example, kidney dialysis machines are a direct spin off from space exploration. waterfiltration system. and from the james webb space telescope. i system. and from the james webb space telescope. . . space telescope. i have to interrupted space telescope. i have to