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.
“A wide range of price rises drove inflation up again this month,” said Grant Fitzner – Chief Economist at the ONS.
“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.”
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%.
“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.”
Featured Image –
Manchester music store Forsyth is giving away free music lessons
Manchester music store Forsyth is giving away a host of free music lessons next month in a bid to inspire people to learn a new instrument, or pick up an old one.
The store is giving new and returning musicians a chance to receive a 10–15-minute free music taster session as part of its Music for All Learn to Play ’22 event.
Taking place across 8 and 9 October between 10am-5pm (8 October) and 1130am-30pm (9 October),short taster music lessons will allow all ages and abilities to have a musical experience that could turn into a lifetime of enjoyment, or even a new career.
Speaking on the free music lesson initiative, Emma from Forsyths said: “The past two years have shown how important music is to all our lives and how it can bring people together even in the most difficult of circumstances.
“We aim to help as many people as possible understand the unique joys and benefits of learning an instrument (or taking part in a choir).
“Anyone interested in learning to play an instrument or looking to pick it up again, should come and join us for this two-day celebration of music making.
“We’re delighted to be part of Music for All’s Learn to Play ’22 event, and we can’t wait to get started.”
OBE Jools Holland, Patron of Music for All, said: “Making music is very important to me. It’s my work, my pleasure, my friend, companion and therapist.
The charity Music for All believes passionately in the unique power of music to change lives and that is why it runs Learn to Play.
Music for All believes everyone should have equal access to music making.
The charity supports disadvantaged music makers by providing cash grants for tuition and instruments and by donating instruments directly.
Celebrated author Dame Hilary Mantel has died ‘suddenly yet peacefully’ aged 70
Dame Hilary Mantel has died aged 70.
The unexpected passing of the critically-acclaimed author whose celebrated career spans nearly five decades has just been announced by her agents 4th Estate Books and her publishing team at HarperCollins in two separate statements released this morning – who confirmed that she died “suddenly yet peacefully”.
The Glossop-born writer was famed for historical fiction work, and was most-known for being the author of the beloved Wolf Hall trilogy.
The statement by her agents confirming her passing reads: “We are heartbroken at the death of our beloved author, Dame Hilary Mantel, and our thoughts are with her friends and family, especially her husband, Gerald.
“This is a devastating loss and we can only be grateful she left us with such a magnificent body of work.”
Mantel’s publishers HarperCollins called her “one of the greatest English novelists of this century”.
The company’s statement reads: “It is with great sadness that AM Heath and HarperCollins announce that bestselling author Dame Hilary Mantel DBE died suddenly yet peacefully yesterday, surrounded by close family and friends, aged 70.
“Hilary Mantel was one of the greatest English novelists of this century and her beloved works are considered modern classics.
Mantel has twice been awarded the Booker Prize, the first time for the 2009 novel Wolf Hall, a fictional account of Thomas Cromwell’s rise to power in the court of Henry VIII, and secondly for the 2012 novel Bring Up the Bodies, the second instalment of the Cromwell trilogy.
She was the first woman, and fourth person, to receive the award twice.