Ruth Cooks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To work out what's going up. last month we learned that in august the main inflation index reached 3.2%. that is the biggest month on month leap since records began. but food and fuel prices have of course been going up so some experts say that could go even higher. the bank of england thinks inflation could reach 4% by the end of this year — that is way higher than their target of 2%, a number that would mean the economy was growing at a healthy rate under control. they've warned that if things don't slow down they may have to increase interest rates. why? well, usually that deters spending...

For ruth, too. her public—sector—linked pay hasn't crept up, her husband lee's salary is stagnant, and christmas is coming. we're not too far off christmas. i'm just going to talk you through amy's list. she wants airpods, telly for the bedroom, tickets for the theatre... ha! how does that make you feel? christmas is difficult because it's everything at once, and because amy's birthday is soon after christmas, actually there's not much of a break before we're back into purchasing presents for the second time. i worry that they're spending too much money on me sometimes — i don't deserve ...

Come for a catch—up. jack does his homework on his laptop. and amy checks her messages. and i've come to see if they're feeling the force of inflation. are we ready to talk increases in prices? yes! so exciting, isn't it? laughter. how are things financially? we're just starting to notice the pinch a little bit. whereabouts is that? the biggest one for us is energy bill because we were with people's energy, who went bust. so the energy bill is doubling every month. whistle. and that's going from...? £120 to £250. ouch! and ruth is not alone — predictions are that average energy bills cou...