How soaring inflation will affect your household budget and spending this winter

Great minds think alike! The 2022 Country Music Association Awards red carpet was colored blue.

Kettle and microwave use in council buildings could be monitored as part of a drive to slash soaring energy bills.

A new UK Government report has detailed the exact times Scottish homes could experience power cuts this winter.

People in the UK have been warned to prepare for planned blackouts this winter.

Rishi Sunak has been challenged to get a grip on "out of control" inflation after the cost of everyday food essentials soared by up to 65 per cent over the last year.

With the temperatures lowering and the cost of living still soaring, many households have been looking for alternative means of keeping warm without having to pop on the central heating.

Cold Weather Payments are set to be replaced this winter for people living in Scotland. The Scottish Government will introduce a new heating benefit from February 2023 that will give around 400,000 households on a low income a guaranteed £50 payment towards their energy bills.

An energy-saving expert has shared a 'passive cooking' technique which could help you cut down your bills in the kitchen.

As energy prices across the UK continue to overwhelm household bills, there are a range of support grants available for customers who are struggling to pay.

Inflation last month returned to the 40-year high it hit earlier this summer after food prices soared across the UK.

Liz Truss faces a tough clash with Sir Keir Starmer at Prime Minister's Questions today, having been forced to junk her entire economic strategy and with her leadership in peril.

Martin Lewis has issued a warning as the energy price cap is predicted to rise above £4,000 next year. The cap, which regulates the amount that 24 million households pay for their gas and electricity, was replaced by the government's Energy Price Guarantee in October.

Household electricity bills could be cut by over £400 a year if the October clock change is scrapped, a heating expert has claimed.

On Monday, new Chancellor Jeremy Hunt said he and the Prime Minister had “reluctantly” agreed it would not be responsible to keep the £2,500 energy price guarantee beyond April 2023. The UK Government support replaced the Ofgem price cap and was originally planned to be in place for two years, until 2024.

Households around the UK are facing extortionate rises in their heating bills this year, which have left many looking for ways to reduce their heating costs.

New Chancellor Jeremy Hunt delivered an economic statement today to try and stabilise the markets.

Jeremy Hunt has announced the government will make a number of U-turns as he rips up the Government's mini-budget. He made the announcement during a televised address on Monday (October 17).

Rebekah Vardy has revealed she spent the night in a children's A&E department - sparking some concerns for the welfare of her kids. The media personality, 40, shared a post to her Instagram story on Sunday afternoon thanking the Children's A&E department in Leicester for "taking such good care" of her little ones overnight before describing them as "amazing".

An economic adviser for President Biden claimed that Americans will notice a decrease in inflation when tax credits kick in that will allow them to weatherize their home. Asked by CNN Sunday when the Inflation Reduction Act will start bringing down inflation, Biden economic adviser Cecilia Rouse promised a noticeable difference "next year." "For example, there are tax credits for energy to help people weatherize their homes and also bring down other forms of energy costs," Rouse said.

Joe Biden has taken aim at Liz Truss's mini-budget that led to chaos on the markets and to her sacking Kwasi Kwarteng as Chancellor.

It's going to be difficult to dry your clothes this winter.

Britain is facing a tough winter. Soaring energy costs and limited gas supplies have plunged the country into the worst energy crisis for decades, and Prime Minister Liz Truss is yet to rule out the possibility of blackouts over the coming months.

British Prime Minister Liz Truss will move to reshape her government’s economic policy after firing Chancellor of the Exchequer Kwasi Kwarteng and dropping key parts of her economic plan in response to market panic caused by the proposed "mini-budget."  "After the fallout from the mini-budget, the Prime Minister needed to take drastic action to calm the markets and save her job," Alan Mendoza, executive director of the Henry Jackson Society, told Fox News Digital. "Sacking the architect of the policy, while brutal, was the most logical way to restore confidence and give her some breathing space to regroup politically." "Once [Truss] reached that conclusion it was only a matter of time before she acted on it, as had she not, it would now be her head on the platter rather than his," Mendoza added.  The British pound dropped sharply after the government announced Kwarteng’s "mini-budget," a series of cuts to taxes intended to spur growth and fight record inflation.The program proved contentious, and Kwarteng did not explain how the government planned to fund the cuts and offset the costs.  "We need a new approach for a new era, focused on growth," Kwarteng told lawmakers in the House of Commons when he introduced the plan, which he argued would provide short-term help for homes and businesses in the face of spiking energy costs while trying to increase tax revenues in the coming years.  FILE - Britain's Chancellor of the Exchequer Kwasi Kwarteng arrives in Downing Street in London, on Sept.

Ofgem is set to launch a new campaign to help people understand how they can reduce their energy use and bring bills down this winter, the regulator's boss has revealed. Jonathan Brearley said his organisation was working with energy companies to help them assist customers through what will prove to be a tough winter.

Millions of households are facing a challenging winter as the temperatures begin to drop and the daylight hours get shorter. Many people will be putting on an extra layer of clothing instead of central heating this year in an effort to keep energy bills down due to the rising cost of living.

At the start of October, the UK Government introduced the new £2,500 Energy Price Guarantee which will be in place for the next two years in an effort to help households handle rising gas and electricity costs. Without the intervention, average household energy bills would have jumped 80 per cent from October 1, from £1,971 to £3,549 a year under the Ofgem price cap.

The White House denied it should pivot its economic policies Thursday after September's consumer price index indicated Americans are still battling record-high prices just weeks before the midterms.  Jared Bernstein of the White House Council of Economic Advisers joined "America's Newsroom" to discuss the latest inflation data and why the Biden administration should not alter its current policy.  "Because the policies that we're doing to help mitigate and ease price pressures are having effect," Bernstein told Bill Hemmer and Dana Perino. "For example, look at the supply side of the economy.

Ian Blackford has accused Liz Truss of "ignoring the damage and the chaos" of her mini-budget that plunged the markets into turmoil due to her unfunded tax cuts.

With the cost of living continue to rise, many are searching for ways to save some cash especially when it comes to keeping their household bills down. Despite the recent energy bill price guarantee coming into effect, many households will still see their energy bills rise as the £2,500 figure that kicked in on October 1 is still higher than the current price cap, which is £1,971.

Cheeky Janusz is already being tipped to be this year's Great British Bake Off winner - as research has revealed he fits the 'recipe for success' to take the crown. A study of the previous winners from the amateur baking competition by Jackpotjoy claims to calculate who is statistically the most likely to win.

Energy bills rose sharply for everyone on October 1. The average household will now pay about £2,500 per year for gas and electricity, a rise of more than £500.

Alice Beer was back on This Morning with some more money-saving tips amid the cost of living prices. The consumer journalist appeared on Monday's edition (October 10) of the ITV show which was, as ever, being hosted by Holly Willoughby and Phillip Schofield.