With inflation predicted to rise to 4%, the chancellor faces a £2.1bn bill to keep the triple lock as the public finances deteriorate

With inflation predicted to rise to 4%, the chancellor faces a £2.1bn bill to keep the triple lock as the public finances deteriorate

She didn’t want to raise taxes on ‘working people’ but stubborn inflation and a sputtering economy leave the chancellor little choice in October’s Budget, says Chris Blackhurst

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter