Inflation expected to fall below 5% as Rishi Sunak prepares to claim victory
Inflation is expected to fall below 5 per cent, providing some relief for households struggling with the cost of living.
Prime Minister Rishi Sunak is set to claim victory for meeting his pledge to halve inflation to below 5.4 per cent by the end of the year.
The anticipated drop in Consumer Prices Index (CPI)Ā inflationĀ in October has been driven by a slowdown of gas and electricity price rises.
Meanwhile, the Supreme Court will deliver its long-awaited judgment on whether Rishi Sunakās Rwanda policy is lawful.
It comes after Suella Braverman ā who was recently sacked from her role as Home Secretary ā warned he has no credible backup plan to āstop the boatsā.
Follow iās live blog for all the latest politics updates.