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Impact of inflation rise & cold weather on 2025 energy bills
Manage episode 451131180 series 2548988
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 said Consumer Prices Index inflation rose to 2.3 per cent for October, up from 1.7 per cent in the previous month.
It is the sharpest month-on-month increase in the rate of inflation for two years.
So, what’s behind this jump, and what does 2025 hold for energy bills and Bank of England interest rates?
The Standard podcast is joined by Theo Harris, a researcher in economic and environmental policy at the New Economics Foundation think-tank.
In part two, six new London Overground lines, each with a new name and colour, were being rolled out by Transport for London on Wednesday.
Mayor Sadiq Khan says the £6.3 million rebrand will make it easier for passengers to find their way on the Overground and to “celebrate” London’s culture and recent history - but does it offer passengers value for money?
The London Standard’s transport editor, Ross Lydall, discusses the new direction for London’s orange line, which was delayed after a cyberattack against TfL.
Hosted on Acast. See acast.com/privacy for more information.
1500 episod
Manage episode 451131180 series 2548988
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 said Consumer Prices Index inflation rose to 2.3 per cent for October, up from 1.7 per cent in the previous month.
It is the sharpest month-on-month increase in the rate of inflation for two years.
So, what’s behind this jump, and what does 2025 hold for energy bills and Bank of England interest rates?
The Standard podcast is joined by Theo Harris, a researcher in economic and environmental policy at the New Economics Foundation think-tank.
In part two, six new London Overground lines, each with a new name and colour, were being rolled out by Transport for London on Wednesday.
Mayor Sadiq Khan says the £6.3 million rebrand will make it easier for passengers to find their way on the Overground and to “celebrate” London’s culture and recent history - but does it offer passengers value for money?
The London Standard’s transport editor, Ross Lydall, discusses the new direction for London’s orange line, which was delayed after a cyberattack against TfL.
Hosted on Acast. See acast.com/privacy for more information.
1500 episod
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