As new inflation figures are expected to stay well above the Government's target of 2% the Governor of the Bank of England is due to give evidence at Treasury Select Committee hearing on the Financial Policy Committee's November 2012 report.
Ed Davey, the Energy Secretary will also appear before the Energy Bill Committee later today, it is expected that increases in energy bills will have played a large part in the above target inflation figures when they are released.
More top news
Six people have begun living in a dome in Hawaii to simulate what life would be like on Mars.
The 12th series of X Factor kicks off on ITV this Saturday but which previous winners went on to make it big?
A mother and her four young children who are feared to be travelling to Syria are being sought by police.