Inflation falls but chancellor says no room for complacency as families still struggling – UK politics live

From 5h agoHunt: inflation still ‘causing enormous pressure on families up and down the country’The chancellor, Jeremy Hunt, has said inflation is “causing enormous pressure on families up and down the country” in a glossy promo video issued by the Treasury this morning.In the clip, Hunt says: “There is absolutely no room for complacency in the battle against inflation. While it is welcome that the headline rate of inflation has fallen, we now know that we have to stick to the plan to bring down inflation because that is causing enormous pressure on families up and down the country.”The video also features Andy Haldane, the former chief economist at the Bank of England, attempting to explain government policy.Updated at 05.02 EDTKey eventsFilters BETAJoe MiddletonThe UK government has said that it has not yet decided how it will set fare increases for rail travel in England for next year. My colleague Joe Middleton notes:The Department for Transport (DfT) confirmed that any increase in rail fares next year would be below RPI. The Scottish and Welsh governments have not announced their rail fare plans for 2024. Fares in Northern Ireland are set by operator Translink.Despite the DfT’s pledge, any significant rise in rail fares is likely to draw the ire of campaigners and rail users after a raft of delays and cancellatio …

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