Page 37 - 1 25 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In 27 years. that's because inflation — the rate at which prices are rising — is at its highest level for 40 years. now some inflation is a good thing for a healthy economy but the target is just 2%, compared to the current 9.4%. so, how do you try to get surging inflation under control? well, traditionally one way is to raise interest rates — which makes it more expensive for us all to borrow money, so we slow down how much we're willing to spend, and that can bring costs down. now interest rates are currently 1.25% — up from what was a historic low of 0.1% last december. and at 12 o'...

0ur economics editor, faisal islam, reports now from derbyshire on the effects of rising inflation. it is the staples — fuel and food — going up last month, that pushed inflation to a new 40—year high. this is what that means for families in derbyshire and across the uk. at this community food pantry, they're finding demand rocketing at the same time the surplus supermarket supplies they rely on dwindle. we are currently shifting around 1.25 tonnes of food every week. we are certainly thinking that as demand carries on going up, we are going to run out of road in terms of being able to a...

Rose to 9.4% last month, the highest rate for 40 years, driven by a leap in the price of fuel and also of basic foods like milk, cheese and eggs. the bank of england has warned inflation could reach as high as 11% later this year. today, the bbc has been focusing on the city of derby, looking at how people are being affected by the cost of living crisis. 0ur economics editor faisal islam reports now on the effects of rising inflation. it is the staples — fuel and food — going up last month, that pushed inflation to a new 40—year high. this is what that means for families in derbyshire an...

Sajid javid and jeremy hunt are promising to cut that tax burden and we have seen other candidates including nadhim zahawi promise similar things. you would expect the same from liz truss. i suspect when we get down to the final two, that will be the divide line. it seems he alone is sticking with the policy he has been carrying through. in speaking about doing it very differently the other contenders are implicitly criticising what he has done as chancellor. it would be impossible for rishi sunak— it would be impossible for rishi sunak to — it would be impossible for rishi sunak to revers...

Sunak, not had an answer get on sajid javid. he did do it when he resigned as chancellor. i’m sajid javid. he did do it when he resigned as chancellor.— sajid javid. he did do it when he resigned as chancellor. i'm glad you didn't disappear— resigned as chancellor. i'm glad you didn't disappear because _ resigned as chancellor. i'm glad you didn't disappear because it - resigned as chancellor. i'm glad you didn't disappear because it was - didn't disappear because it was usefuljust didn't disappear because it was useful just to grab didn't disappear because it was usefuljust to grab you ...