Cost of Living Crisis: UK Inflation Climbs to 40-Year High of 9 Per Cent
Inflation rose to the highest level in 40 years in Britain last month as the war in Ukraine fueled further increases in food and fuel prices.

Inflation rose to the highest level in 40 years in Britain last month as the war in Ukraine fueled further increases in food and fuel prices.
Rep. Elise Stefanik (R-NY) is defending her controversial vote to provide $40 billion in military aid to Ukraine — while Americans continue to reel from inflation and the nation faces historic deficits — telling Breitbart News that she believes the funds will allow Ukraine to defend itself and keep the U.S. from being ensnared in the Eastern European conflict.
Walmart might not have lost money on every sale in the first quarter of 2022, but it came much too close to that result for comfort.
Sales were up but profits plunged and the company cut its guidance for the year as inflation and supply chain disruptions continue.
Jim Jordan slammed Congress on Tuesday for holding a hearing on UFOs rather than addressing some of the most pressing issues facing the nation.
The worst reading since the depth of the early days of the pandemic and lockdowns.
A shortage of food due to the Ukraine crisis poses an “apocalyptic” threat to UK consumers, the UK’s central bank head has warned.
On Monday’s broadcast of MSNBC’s “MTP Daily,” Senate Majority Whip Sen. Dick Durbin (D-IL) stated that “we’re dealing with a transitional economy, coming from a shutdown economy under COVID-19, reemerging, creation of jobs at record levels, but with it, comes
The left’s narrative on high prices — blaming big oil and Russia’s invasion of Ukraine — is not working on Texas voters, as a plurality directly blame President Biden and Congress for the current state of affairs, a Dallas Morning News-University of Texas at Tyler poll release Sunday found.
The price of wheat in Europe has hit a new record high, with an export ban on the product in India prompting further shortage fears.
Monday, former Federal Reserve chairman Ben Bernanke called it a “mistake” for the current Federal Reserve to take a delayed approach to respond to inflation.
How low can President Joe Biden go in the public’s estimation? Voters might be about to find out as he appears to be failing on every count.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that if politicians want to help
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that blaming inflation on price gouging
Former Amazon CEO Jeff Bezos ridiculed His Fraudulency Joe Biden and his “Disinformation Board” Friday.
On Friday’s broadcast of CNN International’s “Quest Means Business,” Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic Advisers and the National Economic Council under President Bill
On Friday’s broadcast of MSNBC’s “Morning Joe,” Sen. Jon Tester (D-MT) stated that inflation is the most important issue in most people’s lives, not Roe v. Wade. Co-host Mike Barnicle asked, “What do you do when you’re confronted with the ordinary
China’s state-run Global Times on Thursday claimed outsiders misunderstand Beijing’s increasingly bizarre “dynamic zero-Covid” strategy, and fail to appreciate how China is somehow saving the global economy tomorrow by brutally locking down cities, shuttering factories, and snarling supply chains today.
We now have two separate surveys that show economic confidence plummeting in the month of May.
The steeper than expected decline in consumer sentiment was caused by a drop in assessments of current conditions and an even sharper decline in hope for the future.
California Governor Gavin Newsom (D) is proposing to fight inflation by spending an additional $18.1 billion from the state’s budget surplus, adding money to the economy at a time when there are “too many dollars chasing too few goods.”
The president of El Salvador, Nayib Bukele, announced on Monday that his nation had spent $15.3 million to purchase an additional 500 Bitcoins to add to the nation’s cryptocurrency reserves.
On Thursday’s broadcast of CNN International’s “First Move,” Professor of Public Policy and Professor of Economics at Harvard University Ken Rogoff said that inflation in the United States is “just way too high. It’s not getting under control.” And predicted that
Less than a week out from the North Carolina primaries, leading Republican contender for U.S. Senate Rep. Ted Budd (R-NC) finished up his 100-county tour throughout the state where he spoke with voters about the top issues they are grappling with under the Biden administration.
The bad news is that Thursday’s April producer price inflation figures showed that inflation had not cooled by as much as expected.
On Thursday’s broadcast of the Fox News Channel’s “America Reports,” Rep. and U.S. Senate candidate Tim Ryan (D-OH) argued President Joe Biden needs to do more on inflation than just blame others and wouldn’t say whether he considers Biden an
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Rep. Ro Khanna (D-CA) stated that part of the inflation issue is “too much money chasing production that has gone down,” and “Part of it was the government
The national gas price average hit another record high on Thursday as the Biden administration continues to worsen the situation, canceling oil and gas lease sales in Alaska and the Gulf of Mexico while continuing to blame the current state of affairs on oil and gas companies and ignoring President Biden’s day one assault on American energy independence.
Transporting goods across the U.S. keeps getting more and more expensive with each passing month. Pete Buttigieg call your office!
Voters are more worried about inflation than “abortion rights” heading into the midterm elections, a Rasmussen Reports survey released Thursday found.
Wednesday on MSNBC’s “The Last Word,” Rep. Katie Porter (D-CA) claimed that abortion and inflation “reinforce each other.”
MSNBC “Morning Joe” host Joe Scarborough on Thursday argued that the record-high inflation was not a result of President Joe Biden’s policies.
Prices charged by U.S. businesses for goods and services sold to households, businesses, and governments are up more than expected.
Britain’s economy grew at the slowest pace in a year during the first quarter, raising concerns the country may be headed for a recession.
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Maggie Hassan (D-NH) said that “By strong majorities, Americans think we should be focusing on inflation and the economy right now.” But “what the Republicans have been focusing on is taking
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Maggie Hassan (D-NH) argued that President Joe Biden and the Biden administration “needed to do more earlier” to combat inflation. She added, “I think, on inflation, the president and the administration
The idea that we might be headed toward a “softish landing” was probably the great victim of the April report on the Consumer Price Index.
Prices are up for air travel, car rentals, hotels, motels, swimwear, and even bicycles. And gasoline prices are going to make a road trip very expensive.
The EU Commission is reportedly considering borrowing billions of dollars in order to give more aid to Ukraine.
Eye-popping increases for everything from food kids eat to the clothes they wear to the shoes on their feet.