Soaring food and fuel prices have pushed the UK’s inflation to 9.4 percent in June, the highest in 40 years, official data have revealed. The inflation rate, as measured by the Consumer Prices Index (CPI), was up from 9.1 percent in May and exceeded the 9.3 percent expected by most economists. According to new data…
UK Inflation Jumps to 9.4 Percent as Food and Fuel Prices Soar
July 20, 2022
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Andrew BaileyBank of EnglandBusiness & Marketsconsumer price index (CPI)economyinflationNadhim Zahawi.recessionUKWorld
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UK Average Pay Falls at Fastest Rate on Record Amid Soaring Inflation
British workers have seen their pay slump in real terms at the fastest rate on record, official statistics have revealed. According to data released by the Office for National Statistics (ONS) on July 19, regular wages (excluding bonuses) rose slightly by 4.3 percent over the three months to May. However, when adjusted for inflation, regular…
Zahawi Knocked Out of Tory Leadership Contest as Rishi Sunak Leads Field
Chancellor Nadhim Zahawi has been knocked out of the contest for the leadership of the Conservative Party, with his predecessor Rishi Sunak leading the field after the first round of voting by Tory MPs on Wednesday. Zahawi and former Health Secretary Jeremy Hunt both failed to reach the 30 votes necessary to make it through…
Zahawi Knocked Out of UK Tory Leadership Contest as Sunak Leads Field
Chancellor Nadhim Zahawi has been knocked out of the contest for the leadership of the Conservative Party, with his predecessor, Rishi Sunak, leading the field after the first round of voting by Tory MPs on July 13. Zahawi and former Health Secretary Jeremy Hunt both failed to reach the 30 votes necessary to make it…
Who Could Replace Boris Johnson as UK Prime Minister?
July 7, 2022
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Ben WallaceBoris JohnsonJeremy Huntliz trussMichael GoveNadhim Zahawi.Rishi Sunaksajid javidTom TugendhatUKWorld
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Boris Johnson has announced his resignation as leader of the UK’s ruling Conservative Party. There will now begin a leadership contest for a new Conservative leader, who will become Britain’s next prime minister. Here are some of the potential frontrunners to replace Johnson as prime minister. Rishi Sunak Rishi Sunak served as chancellor of the…
LGBT Activists Disrupt British Education Secretary at University Talk
Warwick Student LGBT activists blasted music and chanted loudly outside a speech at a University Conservative Association talk featuring Education Secretary Nadhim Zahawi. Members of Warwick University’s LGBT group, Warwick Pride, shouted “Tory scum” outside the talk on Friday, as well as waving flags and placards stating “Trans rights are human rights.” The Telegraph reported…
Government Should Abolish Inheritance Tax, Says Former Chancellor Zahawi
Conservative MPs have called for the abolition of the inheritance tax, with former chancellor Nadhim Zahawi suggesting it was “morally wrong” to take someone’s assets on their death. Writing in The Telegraph, Zahawi argued that inheritance tax negatively affects personal finances and the wider economy. “Inheritance tax is that other spectre that haunts us alongside…
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