The Office for National Statistics (ONS) has confirmed today that UK inflation has hit double figures for the first time in 40-years as the rising cost of living crisis worsens.
As the rising cost of living crisis continues to make its impact felt across the country, it has been revealed this morning that the Consumer Prices Index (CPI) rose to 10.1% in the 12 months to July – which is up from 9.4% in June.
The figure remains at the highest level since February 1982, and it is also higher than the 9.8% figure which was expected by most economists.
This also makes in the 10 month in a row that the figure has risen.
The ONS said that July’s inflation figure was largely driven by increased food costs, with annual inflation for these items now running at 12.7% – up from 9.8% in June – and it was fuelled largely by price rises for basics such as bread, milk, cheese, and eggs.
UK inflation has hit double figures of 10.1% for the first time in 40-years / Credit: Aldi UK
“A wide range of price rises drove inflation up again this month,” said Grant Fitzner – Chief Economist at the ONS.
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“Food prices rose notably, particularly bakery products, dairy, meat and vegetables, which was also reflected in higher takeaway prices. Price rises in other staple items, such as pet food, toilet rolls, toothbrushes and deodorants also pushed up inflation in July.
“Driven by higher demand, the price for package holidays rose, after falling at the same time last year, while air fares also increased.
“The cost of both raw materials and goods leaving factories continued to rise, driven by the price of metals and food respectively.”
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Official data also showed that Retail Price Index (RPI) inflation reached 12.3% in July, while the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.8% in July, which is up from 8.2%.
— Office for National Statistics (ONS) (@ONS) August 17, 2022
The prices of materials and fuels purchased by UK manufacturers rose 22.6% in the year to July 2022.
This is down from the record high of 24.1% in the year to June 2022.
— Office for National Statistics (ONS) (@ONS) August 17, 2022
“I understand that times are tough, and people are worried about increases in prices that countries around the world are facing,” Chancellor Nadhim Zahawi said in response to the hike in inflation.
“Although there are no easy solutions, we are helping where we can through a £37 billion support package, with further payments for those on the lowest incomes, pensioners and the disabled, and £400 off energy bills for everyone in the coming months.
“Getting inflation under control is my top priority, and we are taking action through strong, independent monetary policy, responsible tax and spending decisions, and reforms to boost productivity and growth.”
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Millions of UK workers to get pay rises from today as National Living and Minimum Wage increases
Emily Sergeant
Millions of workers across the UK are set to begin receiving substantial pay rises from today.
After the Government announced back in November that it would take the recommendations made by the Low Pay Commission, and increase both the National Minimum Wage and National Living Wage, those changes have now come into force in a bid to ensure people on lower incomes are ‘properly rewarded’ for their work.
If you’re unfamiliar with the Low Pay Commission, it’s an independent body made up of employers, trade unions, and experts whose role is to advise the Government on the minimum wage.
As mentioned, the rate recommendations introduced today were agreed unanimously by the Commission.
This means that the living wage, for eligible workers who are aged 21 and over, has now risen by 4.1% from today to £12.71 an hour.
For a full-time worker, that means a pay increase of £900 a year.
Millions of workers in the UK are getting pay rises from today / Credit: John Kakuk (via Unsplash) | Pexels
The National Minimum Wage rate for workers aged 18 to 20-year-olds has also increased today by 8.5% to £10.85 an hour, and then for 16 to 17-year-olds, and those on apprenticeships, the rate has increased by 6% to £8 an hour.
“The recommendations we made last autumn sought to balance the need to protect the economy and labour market, whilst providing a real-terms increase for the lowest-paid members of society,” commented Baroness Philippa Stroud, who is Chair of the Low Pay Commission.
“A lot has changed since we gave our advice to the Government last autumn, and we are now beginning to gather evidence for recommendations later this year.
“The current economic uncertainty makes it essential that the Commission hears from those affected by the minimum wage and builds consensus for evidence-based recommendations.
Workers aged 21 and over are now legally entitled to the National Living Wage after the age threshold for the highest rate was lowered from 23 in 2024.
National Minimum Wage rates are available to workers aged 16 upwards.
Featured Image – Israel Andrade (via Unsplash)
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Delays on M60 continue after man dies falling from bridge near Trafford Centre
Daisy Jackson
A man has tragically died after falling from a bridge on the M60, near the Trafford Centre.
Police closed the motorway in both directions at around 10am this morning as they responded to the concern for welfare.
The man was on Barton Bridge on the M60, but tragically fell and passed away at the scene.
The motorway was shut anti-clockwise between junction 12 for the M602 and junction 10, and on the clockwise carriageway between junction 9 and 11, with a huge diversion in place.
Although the motorway has reopened as the afternoon has worn on, disruption is ‘likely’ to continue for several hours yet.
National Highways is reporting up to two miles of congestion on the M60 around Barton Bridge.
In a statement released earlier today, a GMP spokesperson said: “Officers are currently responding to a concern for welfare on Barton Bridge on the M60, reported at around 9:40am today (Tuesday 31 March).
“The M60 remains closed in both directions while emergency services are in attendance. Significant delays are expected and drivers are advised to avoid the area where possible.”
GMP later added: “Earlier today, officers responded to a concern for welfare on Barton Bridge on the M60. The man sadly fell from the bridge and passed away at the scene.
“The road remains closed while enquiries continue. Please avoid the area and plan alternative routes where possible as disruption is likely to continue for the rest of the day.”
Emily Sergeant -
17th August 2022 
