India  

UK inflation jumps to 2.3% in October

Video Credit: ODN - Duration: 00:45s - Published
UK inflation jumps to 2.3% in October

UK inflation jumps to 2.3% in October

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to 2.3% for October, up from 1.7% in the previous month.

Shadow Chief Secretary to the Treasury Darren Jones said there was “more to do” to ease cost-of-living pressure.

Report by Kennedyl.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


💡 newsR Knowledge: Other News Mentions

Office for National Statistics United Kingdom government institution

Tories: We're not to blame for rise in inflation [Video]

Tories: We're not to blame for rise in inflation

The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including increased spending and borrowing. Mel Stride's comments come after government ministers pointed blame at the previous Conservative government after new data from the Office for National Statistics estimated that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:42Published
'Bumpy ride' due to 'disastrous' previous government [Video]

'Bumpy ride' due to 'disastrous' previous government

Policing Minister Dame Diana Johnson has admitted that the next few months could be a "bumpy ride" following new data from the Office for National Statistics estimate that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:25Published
Shadow chancellor criticises new growth figures [Video]

Shadow chancellor criticises new growth figures

Shadow chancellor Mel Stride has criticised the new growth figures released by the ONS. Mr Stride accused the government of "talking down the economy" and referenced the "disastrous budget" set out by Rachel Reeves. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:51Published
UK economy unexpectedly grows by 0.1% [Video]

UK economy unexpectedly grows by 0.1%

The UK economy grew in the final quarter of last year after better-than-expected expansion in December, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.1% higher between October and December. Rachel Reeves said she is "still not satisfied with the level of growth our economy is achieving" as she pledged to go "further and faster" to boost growth. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published
Flop in retail sales in December down to 'savvy' customers [Video]

Flop in retail sales in December down to 'savvy' customers

UK retail sales unexpectedly declined last month in a blow to the sector during the all-important festive shopping season, new official figures show. The volume of retail sales – which measures the quantity bought – fell by 0.3% in December, the Office for National Statistics said. Retail analyst Kate Hardcastle said that the flop in sales was down to "savvy" customers who "cut corners" to save money. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:22Published

Darren Jones Darren Jones British politician (born 1986)

Minister has ‘every confidence’ US will approve Mandelson [Video]

Minister has ‘every confidence’ US will approve Mandelson

Cabinet minister Darren Jones says he has “every confidence” that Lord Peter Mandelson's appointment as UK ambassador to the US will be approved by Donald Trump's team. There were reports in a number of newspapers on Sunday that the Trump administration could be considering not granting approval to Lord Mandelson's new position. The chief secretary to the Treasury also distances the government from comments made by Sir Sadiq Khan where the Mayor of London warned over 'resurgent fascism' ahead of Trump’s inauguration. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:12Published
Govt hails unexpected dip in inflation rate [Video]

Govt hails unexpected dip in inflation rate

The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:33Published
Jones: Siddiq's family ties became distraction for govt [Video]

Jones: Siddiq's family ties became distraction for govt

Darren Jones says Tulip Siddiq's resignation from the government can be seen as a "clear success" for Sir Keir Starmer, as it shows the prime minister's new independent process for investigating ministerial conduct "has worked". The chief secretary to the Treasury adds Siddiq "was a good minister doing a great job", but that she accepted her wider family had become a "distraction" for the government. Siddiq resigned as Treasury minister over an anti-corruption investigation into her wider family in Bangladesh. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:37Published

Facebook Facebook Social networking service owned by Meta Platforms

Oil tanker in North Sea collision no longer on fire [Video]

Oil tanker in North Sea collision no longer on fire

Solong struck the Stena Immaculate off the east coast of Yorkshire on Monday morning - one man is missing, presumed dead, following the incident. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published
Conservatives react to NHS England abolishment [Video]

Conservatives react to NHS England abolishment

The opposition party have been reacting to the prime minister's announcement on Thursday that he will abolish NHS England. Shadow Chancellor of the Duchy of Lancaster Alex Burghart cast doubts over the decision, saying Sir Keir Starmer has yet to set out "how this is going to make life better for patients" or "how much money he is going to save by doing it". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:50Published
Fact check: Was Donald Trump recruited by the KGB under code name 'Krasnov'? [Video]

Fact check: Was Donald Trump recruited by the KGB under code name 'Krasnov'?

Fact check: Was Donald Trump recruited by the KGB under code name 'Krasnov'? A Facebook post by an ex-KGB agent claiming that Donald Trump was recruited by Moscow in 1987 under the code name "Krasnov" has sent social media into a spin. What's the story behind the claim? Euroverify investigates. READ MORE : http://www.euronews.com/2025/03/13/fact-checking-online-claims-that-donald-trump-was-recruited-by-the-kgb-as-krasnov Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Credit: euronews (in English)    Duration: 01:58Published
PM says he will abolish NHS England [Video]

PM says he will abolish NHS England

The prime minister has said he will abolish NHS England in a speech delivered on Thursday. Keir Starmer said this will bring management of the NHS "back into democratic control". "This move will put the NHS back at the heart of government where it belongs, freeing it to focus on patients, less bureaucracy, with more money for nurses," Mr Starmer added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:39Published
Minister confirms negotiations are underway amid US tariffs [Video]

Minister confirms negotiations are underway amid US tariffs

Technology Secretary Peter Kyle confirmed that negotiations are underway between the UK and the US. Addressing the 25% tariff on all steel and aluminium imports to the US which came into effect this week, Mr Kyle said: "We're working really hard on an economic deal with the US. That engagement is going on." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:30Published

Related news from verified sources

Inflation to be higher in Oct, eco giving mixed signals: Shaktikanta Das

RBI Governor Shaktikanta Das warns of escalating inflation, projecting October figures to surpass...
IndiaTimes - Published

At 8.8%, Chhattisgarh records highest retail inflation in October


IndiaTimes - Published

October inflation hits 6.21%, highest in over a year due to rising food costs

India's retail inflation surged to 6.21 percent in October, exceeding the Reserve Bank of India's...
IndiaTimes - Published