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The Latest Breaking News from Inflation

Expert shares ways to make food more exciting while on a budget

The cost-cutting hacks come as food inflation soars to a record 11.6 percent.

Daily Record

Tory MPs line up to demand state pension rise as triple lock pressure mounts

DWP chief Mel Stride said pensioners won't 'necessarily' be short-changed - as Tory MPs lined up to demand he keep the Conservatives' promise and raise them by 10.1% inflation

Daily Mirror

US Midterm elections: What are the key issues and what will vote mean for Biden and Trump?

John King, CNN Anchor & Chief National Correspondent, answers the big questions about the US Midterm elections

Evening Standard

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read the most diverse news in one place.

1 ETF It Would Be Smart to Avoid as the Fed Raises Rates

The Fed has raised interest rates six times this year to control persistent inflation. As long-term bonds are more sensitive to rate hikes than their short- and medium-term counterparts, the iShares 20+ Years Treasury Bond ETF (TLT) might be best avoided now. Read on….

StockNews.com

Top 10 Scottish areas where people could struggle to access affordable food

With food inflation soaring, there are a number of areas in Scotland that are set to be hit particularly hard due to reduced affordable shopping options.

Daily Record

Bank of England will raise interest rates again, says chief economist

Huw Pill says there is ‘still more to do’ on tackling inflation despite risks of prolonged recession

The Guardian - UK

Democrats hope to maintain edge in Oregon US House races

A toss-up in one congressional district and a closer-than-expected race in another have Democrats battling to maintain their advantage in Oregon as Republicans seek to capitalize on concerns about inflation and crime

The Independent UK

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Midterms aren't the main event for Wall Street

The fight between the Fed and inflation — not Democrats and Republicans — is what matters most for markets right now.

Axios

What the Autumn statement could mean for your money

Jeremy Hunt's announcement next week will have major implications for millions of people in the UK

Wales Online

Rishi Sunak considering raising state pensions and benefits with inflation

PM reportedly considering stealth tax raids, including on inheritance tax

The Independent UK

UK shoppers switch to budget ranges as grocery price inflation hits record high

Discounters Aldi and Lidl benefit as figures reveal annual cost of grocery shop has soared by £682

The Guardian - UK

Bank of England’s chief economist warns of more interest rate rises to come

Huw Pill warns we ‘cannot declare victory’ yet against inflation

The Independent UK

Control of US Senate may hinge on Georgia run-off election

The Georgia Senate race goes to a run-off on December 6 after neither Republican Herschel Walker nor Democratic Senator Raphael Warnock garnered more than 50 percent of the vote. Republicans were favoured to win control of the House going into the midterms but key races in both chambers remain too…

France 24

More interest rates rises to come, warns Bank of England economist

Huw Pill, chief economist at the Bank of England, said we ‘cannot declare victory’ yet against inflation.

The Independent UK

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The Independent UK

OAPs ‘at forefront’ as Sunak mulls raising pensions and benefits with inflation

The move would likely usher in deeper public spending cuts elsewhere and higher tax rises.

Liverpool Echo

Merseyside areas to be hardest hit as food bills rise by £682

Food bills set to rise by £682 a year as grocery price inflation hits record 14.7%

Birmingham Post

Autumn Statement: What to expect from Jeremy Hunt on tax rises, NI and cuts

We take a look at the facts so far and ask finance experts on what is likely to be announced.

Manchester Evening News

Your food shop could increase by almost £700 a year as grocery inflation reaches record high

It comes as figures reveal double the amount of people are struggling financially compared to this time last year

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Chronicle Live

Shoppers face £682 jump in food bills as grocery price inflation hits record high

New research revealed that inflation at supermarkets is at 14.7% - and there is 'no peak in sight' for rising food prices

The Guardian - UK

Primark owner expects £2bn inflation hit amid weak consumer backdrop

ABF warns of ‘challenging’ market but no further price rises planned for coming months at Primark

The Independent UK

Annual supermarket bill to rise by £682 as food inflation hits new record

Sales of own-label products have jumped by a further 10.3 per cent over the past four weeks

Daily Mirror

Food bills set to rise by £682 a year as grocery price inflation hits record 14.7%

Market analysts at Kantar say grocery price inflation has hit a record 14.7% - adding £682 to the average annual supermarket bill as the cost of living crisis continues

Evening Standard

Grocery price inflation hits record 14.7% with ‘no peak in sight’

Consumers face a £682 jump in their annual grocery bill if they continue to buy the same items, according to data insights firm Kantar

The Guardian - UK

UK grocery inflation hits 14.7%; recession looms as housing market weakens – as it happened

UK households face £682 rise in annual grocery bill as prices soar, and there’s ‘no peak in sight’

The Independent UK

Asian markets mixed ahead of US elections, inflation data

Asian stocks are mixed ahead of the U.S. midterm elections with trading likely to stay bumpy in a week that brings new inflation data and other events that could shake markets

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