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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.
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London’s historic Smithfield meat market is set to pull down the shutters for good after over 900 years of trading.
The City of London Corporation, which owns the site, voted to stop operating both Smithfield in Farringdon and also Billingsgate fish market in Poplar.
Both markets will continue to...
Published 11/27/24
The government has announced wide-ranging reforms designed to tackle economic inactivity in a bid to bring more than two million people back into work.
The £55 million drive will overhaul the job search process, expand NHS mental health support in the most needed regions and tackle obesity.
Other...
Published 11/26/24