Page 2 - Chief Uk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

a month ago we learned it had fallen to 8.7%, but food price inflation was over twice that, hurting many consumers even harder. one pizzeria owner, sergio from brighton, has been telling the bbc how inflation has been affecting his business — costs that he has to pass onto consumers. we noticed that, after the first lockdown, let's say the tomato went from £20 per case to 25, and today reached £39 per case. bags of flour — from £20, £21 per bag — now we paid £32 per bag. another thing that is affecting is the salaries, as well — the wages went up. the minimum wage is gro...

let's start in the us where inflation has been falling for the 7th month in a row. the rate forjanuary stands at 6.4% — down from a peak of 9.1% injune last year. but the latest report from the us labor department also showed the pace of that slowdown is starting to ease. the bbc�*s north america correspondent michelle fleury reports from new york. inflation has been coming down on an annual basis. that's the good news. the bad news — on a monthly basis, prices for consumer goods actually rose at the start of 2023, despite an aggressive campaign by america's central bank to bri...

welcome to the programme. it was budget day here in britain today. a big set piece annual event in which the chancellor stairs into the crystal ball, and tries to predict the future — and how best to steer the uk economy through it. the obstacles in his way are common to europe and the united states. high inflation, higher interest rates, and since the pandemic, an intractably acute labour shortage. this graph trackjob vacancies across europe since august 2022, historically high after the pandemic, but you will see the uk, the red line at the very top, is struggling more than most....

growth at all in the final three months of the year. we are not out of the woods. inflation is still much too high. that is causing pain forfamilies up and down the country, which is why we need to stick to our plan to halve inflation. the economy now is just flatlining along the bottom. we are the only major g7 economy that is still smaller than it was before the pandemic and zero growth is not a success. two weeks since nicola bulley disappeared whilst walking her dog in lancashire, now the police are extending their search downstream. and 10,000 tickets to a concert to mark the ki...

clean up the aviation industry? we get airborne to find out. we start in the us — where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point— to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing — with the bank of england widel...