UK petrol prices near record; inflation dips; bitcoin hits new high – as it happened
by Graeme Wearden from Economics | The Guardian on (#5QXMN)
Rolling coverage of the latest economic and financial news
- Latest: Bitcoin hits record high over $66,000
- UK petrol prices on brink of record, says PRA
- Pensions set to rise 3.1% next year.
- Losing triple lock costs pensioners almost 500
- Facebook fined 50m by CMA
- Introduction: UK inflation dipped to 3.1% in September, but still over target
- Transport costs rise as petrol and second-hand car prices soar
Financial journalist Paul Lewis points out that other welfare payments will also rise in line with September's inflation reading:
UK state pensions are set to rise by 3.1% next April, in line with September's rise in inflation.
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