Watch live: DermotMurnaghan presents a special programme following Liz Truss's resignation as prime minister. Latest:
Meantime, here's what you need to know:This figure will represent the next rise for pensioners and benefits claimants - as long as the government sticks to previous Tory pledges;
With a 66% increase in energy efficiency over typical kettles, the Russell Hobbs illuminating glass kettle has a one-cup setting so you only boil the amount of water needed.There has been a massive rise in the use of air fryers in recent years as more people try to find healthier ways to cook their food.
It costs a medium household approximately £609 a year to power central heating, so even if you were to use an electric blanket for four hours a day during the winter, you would only spend £297.60 per year.Having a Hive smart thermometer will allow you to turn the heating on remotely.Homeowners can save up to 31% on heating using a smart thermostat, which means average savings of around £190 a year. Nestle has reported its strongest growth in sales in 14 years today.
When asked about their decision to keep their current job, 57% voiced concerns over job security in a new role while 42% said having to settle for a lower salary had influenced their decision. During an interview at Bloomberg's equality summit, Dame Sharon White said the high staff levels at the company meant inflation had returned the business"back to the 1970s", The Telegraph reports."The context in which we find ourselves takes us back to the 1970s."
Prices for food and non-alcoholic beverages rose 14.6% over the year to September 2022, increasing again for the 14th consecutive month.The main reason is that rising transport and packaging costs are making imports more expensive. "It certainly will be a lot worse in about six weeks, around the Christmas period, as produce is now going to start to be imported over the coming weeks."
Many disabled people"are on the brink of freezing and starving in their own homes" and the government"must not" abandon them at this critical time, the disability charity Scope has warned. James Taylor, director of strategy at disability equality charity Scope, said:"Life costs a lot more when you're disabled, so the impact of spiralling inflation hits disabled people much harder.
A study of 1,321 university students found those from low-income families are twice as likely to drop out because of money worries.However, just 3% of those surveyed said they have actually resorted to stealing food to get by. "With students needing to make their September student loan drop last until January, a Cost of Living Payment would give those in difficult circumstances access to much-needed financial support during the tough winter months."More people aged 50 or older will come out of retirement in an effort to bolster their pensions due to the cost of living crisis, the independent financial adviser My Pension Expert has warned.
"For one, the trend of more people in their 50s and 60s coming out of retirement to bolster their pension savings amid the cost of living crisis is expected to continue," he said.
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