UK Inflation Hits 40-Year High Of 9%
In April, UK inflation jumped to a more than 40-year high, partly due to rising food, energy and fuel prices, as well as the ongoing conflict in Ukraine.
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Rishi Sunak
UK Inflation Hits 7%, Exacerbating Cost Of Living Concerns
According to data from the Office for National Statistics (ONS), UK inflation increased by 7% in the 12 months to March, marking the highest rate since 1992.
UK’s TUC Calls For Emergency Budget As Energy Price Cap Rises By 51%
The Trades Union Congress (TUC) is calling on the Chancellor of the Exchequer Rishi Sunak to deliver an emergency budget to support families through the cost of living crisis. From April 1, the energy price will rise by a record 51%.
UK To Reveal Crypto Regulation Plans In Coming Weeks
According to CNBC, the UK government will soon reveal plans to regulate the cryptocurrency market, with particular focus given to stablecoins — digital assets that obtain their value from existing currencies such as the US dollar.
Spring Statement: UK Chancellor Announces Cut To Fuel Duty
Chancellor of the Exchequer Rishi Sunak has announced a new support package in his Spring Statement to help tackle the spiralling cost-of-living impacting households across the UK.
