Chill of inflation threatens Britain again after Europe’s long, hard winter
Demand for fuel has pushed gas prices up – but peace in Ukraine could flood the market and change everything
A scramble to heat homes during a cold winter across Europe has sent gas prices soaring from where they were six months ago. This week, that extra cost will appear in figures that City analysts say will show inflation jumped to 2.8% in January, from 2.5% in December and 1.7% last September.
The Bank of England says inflation will keep rising towards 3.7% this year. The National Institute of Economic and Social Research (NIESR) has predicted the rate will rise to 3.2% in 2025.
Continue reading...
Read more at The Guardian
Topics
-
Is UK inflation on the rise again?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
Dangerous winter storms threatening millions on both coasts
Tens of thousands are without power and millions are under winter weather alerts as storms threaten both the West and East Coasts. CBS News Colorado reporter Kennedy Cook has a report from Denver ...CBS News - Feb. 13 -
Major winter storm threatens millions across the U.S.
A large and powerful winter storm is taking aim at much of the U.S., putting 20 million at risk, bringing heavy snow, damaging winds, flash floods, and tornado warnings in some parts. NBC News' ...NBC News - 4d -
Europe, Dazed by Trump, Confronts Hard Choices in Ukraine
Faced with undisguised hostility from the Trump administration, Europeans are preparing for what is shaping up to be a go-it-alone era.The New York Times - 14h -
'My job is so hard' - Amorim frustrated as Man Utd lose again
Manchester United boss Ruben Amorim says his job is "so hard" after defeat at Tottenham on Sunday leaves his side 15th in the Premier League.BBC News - 3d -
US must provide ‘backstop’ to deter Russia from attacking Ukraine again, Starmer says after emergency Paris summit – Europe live
UK prime minister says future of Europe and Ukraine at stake after European leaders convene at emergency summit in Paris. Swedish prime minister Ulf Kristersson told Reuters that deploying ...The Guardian - 2d -
Winter storms threaten snow, extreme cold and travel warnings across the U.S.
Heavy snow, freezing rain and temperatures as much as 35 degrees below seasonal averages are set to hit large parts of the United States as a string of storms confirm that winter is far from over.NBC News - Feb. 11 -
Britain’s Hard-Right Reform U.K. Party Wins Over Some Labour Voters
Nigel Farage’s anti-immigration party is winning over some disillusioned Labour voters by targeting regions that are struggling economically and by campaigning on local issues.The New York Times - 6d -
Should you lock a home equity loan rate with inflation increasing again?
Inflation just rose for the fourth consecutive month. Here's why homeowners should lock in a home equity loan rate now.CBS News - Feb. 12
More from The Guardian
-
We are on cusp of peace in Europe thanks to Trump, claims JD Vance – Europe live
US vice-president says Trump is determined to ‘bring peace to this endless war’. Vance poses immigrants as ‘greatest threat’ to US and Europe People in the US: share your views on Trump’s ...The Guardian - 33m -
‘One of the hardest days’ in Israel as Hamas hands over hostages’ bodies
Remains of two young children, their mother and an elderly man arrive in Tel Aviv after ‘cruel’ handover in Gaza. The remains of two young children, their mother, and an elderly man taken hostage ...The Guardian - 1h -
Revealed: US firm running Guantánamo migrant jail accused over rights abuses
Corporate conglomerate Akima subject of critical audits and complaints over detainee treatment at facilities in US. A corporate conglomerate now running the US government’s immigration detention ...The Guardian - 7h -
James Bond producers give Amazon full creative control of 007
Deal is struck with heirs to film producer Albert ‘Cubby’ Broccoli, long-serving stewards of franchise. James Bond has fallen into the hands of a billionaire’s business empire after Amazon revealed ...The Guardian - 1h -
Vance poses immigrants as ‘greatest threat’ to US and Europe in CPAC speech
Vice-president also reaffirmed the administration’s Ukraine stance at largest conservative voters conference. US politics live – latest updates JD Vance marked the Trump administration ’s ...The Guardian - 1h
More in World
-
Europa League playoffs: Roma v Porto, Galatasaray v AZ and more – live
Europa League updates from around the grounds Live scoreboard | Read Football Daily | And mail Rob 45 min: Roma 2-1 Porto (agg: 3-2) Roma almost scored a third a moment ago, with a shot ...The Guardian - 17m -
Senators applaud McConnell as Republican vows to keep working until end of term in 2026 – live
Republican senator announces he won’t seek re-election in 2026, capping a decadeslong career in Congress. Mitch McConnell won’t seek Senate re-election in 2026 Donald Trump signed another ...The Guardian - 23m -
Video Shows a Rare ‘Doomsday’ Fish Off the Coast of Mexico
Oarfish are rarely documented by scientists, but one was seen this month by a group visiting a beach in Mexico.The New York Times - 23m -
Ben Jennings on the myth of America’s past – cartoon
Continue reading...The Guardian - 28m -
We are on cusp of peace in Europe thanks to Trump, claims JD Vance – Europe live
US vice-president says Trump is determined to ‘bring peace to this endless war’. Vance poses immigrants as ‘greatest threat’ to US and Europe People in the US: share your views on Trump’s ...The Guardian - 33m