New UK Finance Minister Zahawi inherits faltering economy, soaring inflation - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 7/5/2022 8:47 PM
📰 SABCNews

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Britain’s new Finance Minister Nadhim Zahawi takes the reins of an economy struggling under the strain of nearly double-digit inflation and a slowdown that looks set to be more severe than in most of the world’s other big nations.

Britain's new Finance Minister Nadhim Zahawi.

A stand-off over trade rules for Northern Ireland could yet lead to increased barriers for British exports to the bloc. Inflation hit a 40-year high of 9.1% in May and the Bank of England has forecast it will top 11% in October.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BaPedi celebrate successful initiation season - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Over 600 initiates have safely returned home initiation school from after spending two months in the mountain in KwaMhlanga, Mpumalanga. The BaPedi Bakwa Mashilo Royal House welcomed the first initiates since 2020. Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met BernardMason07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks BernardMason07
Source: SABCNews - 🏆 37. / 51 Read more »