Soaring inflation pushes UK borrowing to £14bn in May
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Government borrowing was higher than expected in May at £14bn as soaring inflation sent interest payments on the UK’s debt to a monthly record. The Office for National Statistics (我们) said debt interest payments leap...
Martin Lewis says House of Lords rejected his peerage application
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The consumer champion Martin Lewis has revealed an application he made to become a member of the House of Lords has been turned down. 刘易斯, who is regarded as the one of most trusted people in Britain, said he believ...
English schools warn of acute teacher shortages without ‘inflation plus’ pay deal
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Schools in England say they face an acute crisis over retention and recruitment without a significant pay increase, as the country’s biggest teaching union warned of strike action this autumn without an “inflation plu...
Fed chief vows to keep raising rates until ‘compelling evidence’ of falling inflation
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The Federal Reserve will keep raising rates until it sees “compelling evidence” that inflation is coming down, the Fed chair, Jerome Powell, told Congress on Wednesday. The US is wrestling with rates of inflation unse...