Inflation is at 2.9 per cent and has increased by 0.2 per cent since May, indicating that prices are going up much faster than wages.
The latest inflation figure represents a 14-month high in the UK but was lower than the 3 per cent forecast by markets.
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In a tweet on Saturday, the US president didn't give a reason for his absence but said he wished"everyone well and have a great evening".
Weather conditions remain wet and windy through the weekend.
Mr Banks has given Ukip leader Paul Nuttall an "ultimatum", saying if he is not made chairman he will stop supporting the party.