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
sales tax there was an income tax. t te: sales tax disproportionately affects poor and marginalised citizens because they are obviously playing paying a much portion of their disposable income for items that have a sales tax. br; disposable income for items that have a sales tax. by the rest of america that have a sales tax. by the rest of america struggles i that have a sales tax. by the l rest of america struggles with economic uncertainty, city is pretty confident that it is thriving in business on preparing illness seen entrepreneurial scene guarantees it a prospect full future. i m often the bearer of bad news but not now. let s look at financial markets because they are headed upwards. just slightly. hong kong is down a little bit if we look at wall street on the next board you can see there was a good session on wall street. looking at the us markets, much of that is to do with better than expected quarterly numbers from goldman sachs, johnson &johnson. we mentioned un