UK - Lajmi.net

UK inflation surges to new 40-year high of 9.4%

5May

By ShpendNo Comments

News

UK inflation surges to new 40-year high of 9.4%

LONDON – Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis. Consumer prices rose 9.4% this year through June, up from 9.1% the previous month, the Office for National Statistics said Wednesday. The new figure is the highest since 1982, when inflation peaked at 11%. Russia's war in Ukraine has boosted food and energy prices around the world, with shipments of oil, natural gas, grain and cooking oil disrupted. That has added to rising prices that began last year as the global economy started to recover from the COVID-19 pandemic. Bank of England Governor Andrew Bailey said Tuesday that the bank is likely to consider raising interest rates by half a percentage point at its next...

UK heatwave: Leeds is so hot that Tropical World is closing for the sake of the animals’ welfare

Tropical World at Roundhay Park is a butterfly house, licensed zoo and exotic plant collection housed in climate-controlled glasshouses. It is run by Leeds City Council. The building's sections all replicate tropical and desert environments from around the world and are home to species such as terrapins, poison dart frogs, clownfish, octopus, stingrays, seahorses, tropical fish, snakes, lizards, iguanas, parrot, bats and armadillos. The butterfly pupae are supplied by farms in Costa Rica and the Philippines. The attraction said in a statement: "Tropical World will be closed today & tomorrow (18 & 19 July) due to the extreme temperatures. This is to ensure the safety of our visitors and Tropical World staff. This will allow our animal keepers to concentrate solely on the a...

Ousting of U.K. PM Boris Johnson won’t affect ties with Canada, trade talks

The Canadian government says the ousting of U.K. Prime Minister Boris Johnson by his party will not affect Canada's negotiations on a free-trade agreement. A spokeswoman for International Trade Minister Mary Ng says negotiations for the new deal will continue smoothly as Canada and the U.K. share a long history and close ties. In a statement outside Downing Street today Johnson said he will be stepping down as prime minister after demands he go from Conservative MPs and the resignation of a string of his ministers. He intends to stay on until a new leader is chosen but he is facing calls to leave office immediately, including from former Conservative Prime Minister John Major. Johnson championed closer links with Canada, including on trade, after the U.K. left the European Unio...