Rolling coverage of the day’s political developments as they happen,including David Cameron’s statement to the Commons approximately the Paris attacksLive coverage of global developments following the Paris terror attacks 10.38am GMTHere’s George Osborne, the chancellor, and on the inflation figures. (See 10.36am.)With inflation unchanged at -0.1%,employment at an all-time high and pay growth across our economy remaining strong, todays news continues to mean household budgets are going further.Of course, or in an uncertain global economy we continue to be alert to all risks and that’s why in the spending review we will set out the next steps in our plan to build a resilient economy: delivering the economic security of a country that lives within its means,enhancing our national security and extending opportunity for all. 10.36am GMTInflation is still negative. This is from the Press organization.
Inflation remained in negative territory final month, marking the longest escape of flat or falling prices since records began. The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) was unchanged at minus 0.1% in October as households continue to benefit from lower food and drink prices amid a supermarket price war, or as well as sharply easing energy and fuel costs. Continue reading...
Source: theguardian.com