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The Latest Breaking News from Inflation

How long will the UK recession last and other top questions about the autumn statement answered

Chancellor Jeremy Hunt’s autumn statement has caused a spike in Google searches about the economy

Wales Online

Autumn statement 2022: experts react

UK chancellor Jeremy Hunt laid out his plans for the British economy today. The statement was made against a backdrop of a more than 40-year inflation high and recession warnings from the Bank of England.

The Conversation

The 4 Best Stocks to Buy This November

Favorable inflation data for October has raised the odds of slower federal rate hikes ahead. The market has been celebrating the inflation report, and experts believe the current rally could sustain for a while. Therefore, investors could buy quality stocks such as Gilead Sciences (GILD), Biogen (BIIB), Hillenbrand (HI), and…

StockNews.com

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read the most diverse news in one place.

Treasury minister 'doesn't recognise' claims Scotland short changed by £1.7bn

The Chief Secretary to the Treasury was asked if he had any response to the SNP’s claims that Scotland was being “short-changed” by the UK

The National (Scotland)

Welsh business leaders and political parties have their say on Autumn Statement

The OBR concluded the UK is now in recession and was facing an increase in unemployment

Birmingham Post

‘A great outcome’: Charities welcome protection to benefits and pensions in Autumn Statement

Benefits will rise by 10.1% from April in line with the rate of inflation in September, at a cost of £11 billion

Evening Standard

The 2 Best Stocks to Buy When the Market Falls

Signs of cooling inflation have buoyed the stock market recently. However, elevated interest rates could create a recessionary backdrop and keep the market under pressure. Amid this uncertain environment, quality stocks Cisco Systems (CSCO) and Humana (HUM) might be solid additions to your portfolio. Read on….

StockNews.com

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Tunisia's milk shortage leaves farmers poor and the public angry

Tunisian dairy farmer Maher Gizmir has sold nearly half his cows this year and reduced his daily output by 85%, adding to a shortage of milk around the country as a cash-strapped government wrestles with inflation.

Reuters

How much monthly Universal Credit payments will be 2023/24 following autumn budget

The government announced a wave of economic policies which will affect Universal Credit payments next year

Manchester Evening News

East Midlands business leaders say Autumn Statement 'high on stealth-creation and low on wealth-creation'

FSB says SMEs 'face even higher taxes, cuts to innovation, and a recipe for a longer and deeper recession'

Birmingham Post

How long will the recession last in the UK?

The answers to some of the top trending questions following the Chancellor’s autumn statement.

The Independent UK

Sacha Lord fears entertainment venues could close ‘at faster rate than in pandemic’ following autumn budget

Chancellor Jeremy Hunt announced further cost of living increases as the UK enters a recession

Manchester Evening News

Glasgow is the hardest hit Scottish city according to cost of living tracker

Glaswegians have seen the prices of necessities go through the roof over the last year as the inflation rate has increased by 6.8 percentage points since January to 12.6 per cent

Glasgow Live

Benefits rise brings relief but stark warning from poverty campaigners

Analysts warn millions still face winter crisis despite Hunt’s decision to increase benefits in line with inflation

The Guardian - UK

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The Independent UK

Disability and working age benefits to rise in line with inflation

The move will cost £11 billion but will help protect the most vulnerable, Chancellor Jeremy Hunt said.

Manchester Evening News

How much weekly state pension payments will be next year following Autumn Budget

The government announced how pensions will change by next year

The Independent UK

Fed official suggests substantial rate hikes may be needed

The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, said James Bullard, who leads the Federal Reserve Bank of St. Louis

Manchester Evening News

How long will the UK recession last?

The government unveiled a series of economic plans to tackle the cost of living crisis and soaring inflation

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The Guardian - UK

What Jeremy Hunt’s autumn statement means for you

From income tax changes to help with the cost of living crisis, all you need to know about the chancellor’s changes

Manchester Evening News

Martin Lewis says pensioners set to be almost £1,000 better off each year as pension triple lock remains

Chancellor Jeremy Hunt announced that the UK state pension scheme, which sees payments rise in line with inflation, will remain intact in the new tax year

Wales Online

More than half of households are worse off after today's budget says Treasury

The autumn statement saw tax rises and spending cuts

Daily Record

State Pension and DWP benefits set to increase by 10.1% next April as Triple Lock honoured in Autumn Statement

New cost of living payments are on the way along with more support for energy bills.

The Independent UK

‘Sigh of relief’ for pensioners as triple lock is confirmed for next April

Chancellor Jeremy Hunt confirmed that the state pension will be uprated in line with inflation at 10.1% from April 2023.

Chronicle Live

Jeremy Hunt's Autumn Statement at a glance as he announces tax rises

The Chancellor announced his plans in the House of Commons on Thursday and said he was having to make difficult decisions

Edinburgh Live

How Autumn Budget will affect people of Edinburgh - full list of key points

The Chancellor is risking a backlash from the public and media alike by unveiling a £54 billion package of tax hikes and spending cuts – after saying the UK is in a recession.

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