Inflation hits double digits at highest rate in 40 years

It means the gap between the richest and poorest is the largest it's been since the financial crash

The cost of living is on everyone’s mind– and its getting worse. Inflation has now hit double digits to 10.1%, the highest rate in 40 years. And its set to rise even more. As schools go back– making money go further is at the forefront of parents’ minds.

Ahead of winter, further big rises are also due on energy bills. . And the hospitality sector says it’s in a circle of crisis due to rising costs and changing consumer habits.

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