Patrick emphasized the need for long-term solutions, including restoring the real value of child benefit, which has traditionally been a crucial support for families. The upcoming budget is seen as an opportunity to address these issues and implement sustainable measures to alleviate the cost of living crisis. The report underscores the urgent need for government action to support vulnerable households, especially as the economic pressures continue to mount.
October 27, 2026
UK Retail Prices Hit 2-Year High Amid Rising Costs
Shop price inflation reaches 2.1% in October, the highest in two and a half years, as retailers struggle to contain rising costs.
Impact
Persistent retail price inflation could lead to further interest rate hikes and increased pressure on the government to address the cost of living crisis.