Economic news
UK finance minister says will prioritise “help for most vulnerable” as inflation rises
2022.10.19 04:12
© Reuters. Britain’s Chancellor of the Exchequer Jeremy Hunt walks outside his house in London, Britain, October 18, 2022. REUTERS/Toby Melville
LONDON (Reuters) – British finance minister Jeremy Hunt said on Wednesday that the government will prioritise help for the most vulnerable as latest data showed that the annual rate of consumer price inflation inched up to 10.1% in September.
“This government will prioritise help for the most vulnerable while delivering wider economic stability and driving long-term growth that will help everyone,” Hunt said in a statement.