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as you can see here, the rate of inflation in the uk has remained stubbornly high over the last few months adding pressure on the bank of england to raise interest rates again when it meets tomorrow. they re likely to be concerned that core inflation which excludes volatile food and energy prices actually rose hitting 7.1%. that s the highest rate since march 1992. bear in mind, the bank of england s target for inflation is 2% and its been falling in other countries. here s the uk finance ministerjeremy hunt. we don t have the clip at the moment. yael selfin is chief uk economist at the business consultancy kpmg and joins us from london. we heard from jeremy hunt earlier and he said it is a surprise, and it is one of their targets to get inflation down, but it is proving to be harder to do and easier to say. it is proving tricky and there are a number of reasons, one of which is we have a very tight labour market, tighter than in other economies, especially in e ....
the independent lead story is that the home office is targeting places of worship to advise migrants with insecure statuses to return to their countries of origin. the sunday times leads on a global gang who are hacking vip emails, including critics of the qatar world cup. the sunday express leads on the prime minister s announcement that the uk will enjoy an additional bank holiday on may 8th next year to celebrate the coronation of king charles iii. we have the sunday people which leads on matt hancock going on the i m a celebrity. he made the decision to take part because reportedly he knew his government career is over. so let s begin. what about the details of what they are saying in the sunday telegraph? this isjeremy hunt and his huge budget statement which is coming up on the 17th of november. he needs to feel a £50 billion black hole and what the sunday telegraph is saying is that he will do a raid on pension pots to do it. so what this could mean, accordi ....
aggressive direction and it follows the opening of the ruling party congress in beijing where he addressed the issue of taiwan, which china claims as part of its territory. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are rachel cunliffe who s the senior associate editor at the new statesman, and eleanor langford, the political reporter for politics home. tomorrow s front pages, starting with. all of tomorrow s papers focus on the biggest u turn in british political history, let s start with, the ft focuses on one of the biggest u turns in recent british history and says truss fights for survival as business chiefs and plotters pile on pressure. the government faces decisions of eye watering difficulty as he speaks economic stability. the guardian features a photo of us smiling chancellor after the paper calls and astounding you on tax. the times features a grim looking front bench with the headline, £5,000 fuel bills. ....
and wished rishi sunak success. our country continues to battle through a storm. but i believe in britain. i believe in the british people. and i know that brighter days lie ahead. the cost of living crisis continues as many food prices soar some like pasta, tea and cooking oil up by 65% in a year. in our area, there is a lot of people that rely on pensions, rely on benefits, and if they are not supported, businesses won t continue to thrive because there will be nobody to use us. we will bring you more from throughout another momentous day in british politics as mr sunak sax tiago cabinet members he did not want those cabinet and appoints those in the place. already on the way out is business secretary and liz truss supporter jacob rees mogg. also on the way out, you work and pensions secretary, chloe smith. welcome to audiences around the world. rishi sunak has given a speech to the nation before making his way into number ten as prime minister for the first t ....
difficult decisions ahead. he suggested taxes could rise to help restore market confidence and also talked about spending cuts. mr hunt was appointed yesterday after the prime minister sacked his predecessor, kwasi kwarteng. here s our political correspondent ione wells. well. hours into his newjob, the well. hours into his new “ob, the chancellor well. hours into his new “ob, the chancellor was i well. hours into his new “ob, the chancellor was tasked well. hours into his newjob, the chancellor was tasked with - well. hours into his newjob, the chancellor was tasked with setting | chancellor was tasked with setting out his still, a very different one from the one the prime minister set out. on wednesday, she said she is absolutely not planning public spending cuts but listen to this. we have spending cuts but listen to this. - have some very difficult decisions ahead, difficult decisions on spending, which is not going to rise as much as people hope and i am ....