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
kitchen table issues. speak with. suffered a serious stroke in may is not the issue. his lack of transparency is troubling. look at his policies coming to fracking and crime. i don t think pennsylvanians want that. the gubernatorial race is eating. four points behind in oklahoma. i don t want my sons going into the city. someone will push them off at the train. a windfall of war. biden calling congress to punish oil. the same day telling the global industry more investment is needed. number one biggest french fries plan. [applause] ainsley: they are chanting rachel s name, rachel campos-duffy annadale terrace on staten island and one week away from this critical midterm election. steve: they think she will pick up their tab, come on. brian: great to have them there and fanning out this week right next tuesday. he states across the country to see what voters are thinking before heading to the polls. brian: meanwhile the woman they were chanting her na
Skyrocketing heating costs are putting the government s belt-tightening policy to the test, after the annual budget for 2023 was increased by the lowest margin in six years of just 638.7 trillion won ($510 billion). The 2023 budget was determined in line with President Yoon Suk Yeol s push to improve the nation s fiscal health, in contrast to the pandemic-era stimulus policies embraced by the former Moon Jae-in administration.
reporter: who is responsible for this mess, mr hunt? - the chancellor will say that britain must face into the storm, as he seeks to restore britain s tarnished economic reputation with a big package of tax rises and spending cuts. it all comes admist a cost of living crisis. i am very concerned because we are now entering the winter months when heating costs rise. i think the biggest worry at the moment is the heating cost, the fuel cost. we ll have the statement in full at 11:30am, full analysis. plus, we ll be hearing from both the government and labour. welcome to this special programme. a big moment for the chancellor, jeremy hunt. he big moment for the chancellor, jeremy hunt- jeremy hunt. he left number11 downin: jeremy hunt. he left number11 downing street jeremy hunt. he left number11
ain trying everything, right? president biden calling on congress to punish will and gas prices and list they lowered the fuel cost. steve: that last ditch effort and as americans face soaring heating cost ahead of winter and shortages on fuel oil. brian: let s talk about this with tom cotton of arkansas, senator your reaction to the president s move yesterday. well, to blame energy company profits on the war in ukraine is simply to cover up his own responsibility for this. why are well, the price is high in america. that is because president biden declared a war on the fossil fuel industry. remember, in the campaign we will put them out of business and end fossil fuel. if you don t want exxon, shell or bp making profits, the answer is lower and produce american