The annual rate of inflation rose to 11.1% in October, up from 10.1% in the 12 months to September, the Office for National Statistics said on Wednesday. The sharp increase in living costs was caused by rising gas and electricity prices, despite a government energy price guarantee, which caps energy bills at £2,500 for the typical household. Food price inflation rose to 16.4%.
The prices of goods and services bought or consumed by UK households increased by 2% between September and October, according to the ONS. That means that in the space of one month, prices rose by as much as they did in the entire year to July 2021. The acceleration in inflation even as the economy weakens presents a conundrum for policymakers because Britain’s economy is expected to suffer as the Bank of England keeps raises borrowing costs to cap rising prices.
This is Biden’s fault too, right?
Bidens fault?
Yep, the Conservatives have screwed us.
Wake up. It’s coming.
😲
We’re fucked
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Video: Is 'quiet quitting' over on CNN Nightcap | CNN BusinessInsider's senior correspondent Aki Ito tells 'Nightcap's' Jon Sarlin why a recruiter who embraced 'quiet quitting' is now back to working 50 hours a week and why 'quiet quitters' may now be losing their bargaining power at work. For more, watch the full Nightcap episode here. Why'd they steal the overwatch font? Quiet quitting isn't new. People have been doing this since jobs were invented. Sure thing corporate overlords.
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »
Active agents down 34% in Phoenix in October - Phoenix Business JournalA Florida tech company that publishes a sales profile for real estate agents is seeing a considerable decline in the number of residential real estate agents in Phoenix.
مصدر: phxbizjournal - 🏆 254. / 63 اقرأ أكثر »
Google agrees to $392 million settlement with 40 states over location tracking practices | CNN BusinessGoogle has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. Made how much selling the data? Just curious who gets the money? Oh state governments do? Sounds like extortion. Google dünya kullanıyor, cezayı ülkelere dağıtması lazım! Adalet tam olmalı!
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »
Customers who trusted crypto giant FTX may be left with nothing | CNN BusinessAs the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t access their money can expect to get back from crypto exchange FTX. The answer may be zero, legal experts say. Will Bitcoin ever recover 👎 I think this is a big deal. It is likely to trigger a chain of large-scale bankruptcies. Amen Crypto the anti-sovereign Monopoly money wants to get saved by sovereign entities- now that’s an oxymoron! Just think you ran away from Govt to be controlled by unknown folks who don’t give a hoot
مصدر: cnni - 🏆 326. / 59 اقرأ أكثر »