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And power companies will face a 45% levy. raising £14 billion next year. for the most vulnerable, the government will introduce an additional cost of living payment, £900 for those on benefits, £300 for pensioners, £150 for those on a disability benefit. social housing rent rises will be capped at 7% next year, saving the average tenant £200. state pensions and benefits will rise in line with inflation, set at last month s rate of 10.1 % there is plenty more on the bbc website. the shadow chancellor says it is the culmination of 12 years of conservative failure. no one was talking about cuts to public spending two months ago, and no other advanced economy is cutting spending or increasing taxes on working people as they head into a ....
The US has been reeling under decades-high inflation caused by a combination of factors. The inflation number for September came in at 8.2 per cent, over four times the target set by the Fed. ....