Welcome to your early morning Telegraph press briefing – a recap of the main stories we cover on Thursday. To receive twice-daily briefings by email, subscribe for free to our Front Page newsletter.
1. Households face inflation and stable wages
Britain faces double pressure on living standards as two decades of wage stagnation and runaway inflation conspire against household finances, experts have warned after Rishi Sunak’s large spending budget.
Inflation is expected to hit 4.4% next year, fueled by post-pandemic supply chain shocks and skyrocketing energy prices, the Office for Budget Responsibility has warned. The consumer price index could climb to 5.4%, its highest level since March 1992. Read the full story.
2. Drinks are on me, says Rishi Sunak in budget spending madness
Rishi Sunak on Wednesday announced government spending plans at levels not seen since the late 1970s, declaring that the Conservatives are now the “real party of public services.”
The Chancellor has used improved economic figures to increase spending by each ministry in a £ 150bn madness that has moved the Tories into traditional Labor territory. Read the full story.
3. Two Million To Make £ 1,000 A Year As Rishi Sunak Slashes Universal Credit Cut
Almost two million people will receive an annual pay rise of £ 1,000 as the rate of reduction in Universal Credit payments for those who work is reduced, Rishi Sunak said.
The Chancellor said the cut rate – which governs how quickly state support is taken away from people who make money through work – will be reduced from 63% to 55%. Read the full story.
4. The travel red list and hotel quarantine should be abolished
The travel red list and hotel quarantine are set to be removed as part of plans, which will be considered by ministers on Thursday, to ease restrictions in the face of the decline in the Covid threat from abroad.
Ministers will meet to consider removing the remaining seven countries from the red list. Any returning traveler is currently required to self-quarantine in a UK hotel for 10 days at a cost of £ 2,285 per person. Read the full story.
5. It is up to all men to end sexual violence, says Duchess of Cornwall following murder of Sarah Everard
The Duchess of Cornwall called on all men to tackle a ‘deeply disturbing’ culture of sexual harassment in the wake of the murder of Sarah Everard, saying ‘rapists are not born but built’.
The Duchess, who campaigns to lift the shame and stigma surrounding violence against women, condemned the idea that harassment was “integral to being a woman” and “just one of those things “. Read the full story.
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