News UK
What high inflation means in the UK – BBC News
Inflation in the UK is at its highest rate for 30 years, having risen to 5.4% in the 12 months to December.
The jump in the cost of living is being driven largely by rising fuel and energy costs.
Right now, prices are rising so quickly that the money people earn does not go as far, putting further pressure on households
The BBC’s consumer affairs correspondent, Colletta Smith, breaks it down.
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37 people have been killed after a huge explosion at an arms depot in Ukraine which was struck by a Russian drone. The ams storage facility was based near a residential areas on the outskirts of the capital, Kyiv. Hundreds of people have been evacuated from the area and a rescue operation is continuing, with fears that the death toll will rise.
Shells, mines and drones stored at the facility exploded in a massive blast that destroyed nearby homes nearby, including a care home for the elderly and disabled.
Ukraine’s President Volodymyr Zelensky strongly criticised the location of the depot near people’s homes, saying an investigation had been launched into “terrible negligence on the part of those who stored explosive right next to people”.
Russia’s Ministry of Defence said that its forces had targeted “an ammunition depot”.
Ben Brown presents BBC News at Ten reporting by Dan Johnson in Kyiv.
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Germany has carried out its first raids under a new law to crack down on smugglers using the country as a staging post for small …
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News UK
Hawk Fire wildfire in Nevada expected to rage for another two days, say officials | BBC News
US fire crews have reported progress in their efforts to tackle a large wildfire menacing the city of Reno, Nevada – saying the blaze is about a quarter contained.
The Hawk Fire, which began on Saturday, had spread over 15,000 acres by Monday, firefighters said.
Evacuation orders remain in place for 23,000 people, though other residents have now been allowed to return to their homes. Tens of thousands of other residents have been told to be ready to leave at any moment.
Officials are concerned that gusts of wind could drive the flames towards more homes. Unfavourable weather conditions are forecast for the next two days, meaning the fire could continue to burn during that timeframe.
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Today, we discuss China’s £14.7bn investment into AI and robotics in the hopes of overtaking the US as the world leader in innovation.
China has two million robots already working in factories, and is investing heavily in the hopes that one day they could bridge gaps in an already sluggish economy. What can these robots do? And what does the future look like for workers? Our China correspondent Laura Bicker has been to some of these factories, and is on the line to debrief.
Plus, the government has announced more details about their housing plans, including where 70,000 social and affordable homes will be built in England over the next 10 years. 60% of the new homes would be for social rent, despite Andy Burnham telling The Social Housing Podcast in May he “would actually devote all of it to social housing.”.
Is Andy Burnham delivery what he promised? Adam is joined by Alex and housing correspondent Tarah Welsh.
00:00 – Intro
01:03 – Inside China’s World Humanoid Robot Games
07:51 – China’s youth unemployment issue
11:05 – Trump’s robot ban
17:19 – UK housing and Andy Burnham
19:18 – The funding announcement explained
21:40 – Does this match Burnham’s pledge?
30:05 – What are waiting lists like?
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China has vowed to protect its interests after the US announced plans to widen economic sanctions against Iran and its trading partners, which include Beijing.
Foreign ministry spokesman Lin Jian said China was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights.
US President Donald Trump has said that the US Navy has removed or detonated all mines in the Strait of Hormuz.
Pakistan say talks with Iranian leaders on the path to peace are making progress.
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#US #Iran #China #Pakistan #BBCNews
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@adamchuny2736
January 6, 2024 at 4:42 pm
it’s because of brexit u donuts
@JonathanSteadman2003
January 6, 2024 at 4:42 pm
I already gave up on life.
@Hercules_the_Great
January 6, 2024 at 4:42 pm
And the corporate profits, they feeling the squeeze, or are they making off like bandits?
@peterkirby2771
January 6, 2024 at 4:42 pm
Do you think it’s fare that many respectable companies have boycotted Russia to help Ukraine win the war and Rishi Sunaks wife is profiteering 8 million pounds a year from a company operating in Moscow.
@whiskysam2036
January 6, 2024 at 4:42 pm
It's all a con from march 2020
@jeroldjonesii6869
January 6, 2024 at 4:42 pm
#REPARATIONSNOW
In #AMERICAALLOVER
@shoaibahmad7133
January 6, 2024 at 4:42 pm
Why are the interest rates rising, when the economy has not been growing since 2008 and neither have the wage rate. The inflation rates should be going down, If it were not for the the oil and commodity prices which have gone up substantially due to the imprudence of the Government.
It is the responsibility of the Government to counter the negative implications of the Ukraine Russian war on the UK economy. Higher interest rates or imposition of new taxes are going to spoil the cost-of-living crisis even more further than correcting it. The tax rates are already stifling the general public when the British boy is talking of imposing more and new taxes on the people. Since the people are suffering and the MPs serving the people are already well off, they should forego taking salaries and benefits from the Government till the situation improves instead of imposing more taxes on the people. The Governor of the Federal Reserve should be fired for not keeping inflation under control which is the sole responsibility of the Federal Reserve Bank
@jeroldjonesii6869
January 6, 2024 at 4:42 pm
#BOTCOTTTHANKSGIVING
#BOYCOTTCHRISMAS
#REPARATIONSNOW
#FOUNDATIONALBLACKAMERICANS
@abhijeetpatil7653
January 6, 2024 at 4:42 pm
Have fun world looters
@MMA-gb6to
January 6, 2024 at 4:42 pm
doomed
@goddid9189
January 6, 2024 at 4:42 pm
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
@devinnlimbu7989
January 6, 2024 at 4:42 pm
Gud News👍️
@aarondavies8486
January 6, 2024 at 4:42 pm
Yet again they don't tell you it's down to government spending nothing to do with consumers or producers all them free jabs you had we are paying for them now
@stephenhoskins1532
January 6, 2024 at 4:42 pm
The inflation is caused by an increase in the money supply ie Q.E or money printing which all Western govenments have been doing. The only way to solve it is cut governemt spending and raise interest rates to the level of inflation which will put the econony into recession .The government dont want you to know this and point the finger at anyone but themselves.
Inflation is the tax payeble on all the money printing that has taken place.
@southlondonlad9144
January 6, 2024 at 4:42 pm
The thing is, we're not all in the same boat. Plenty of people are still going out to expensive pubs and restaurants. The people who earn the most money are affected the least here, so we're not exactly all facing the same worries
@walkthroughvg
January 6, 2024 at 4:42 pm
the selfishness of westerners is once again creating chaos around the world
@zainabrajpoot2550
January 6, 2024 at 4:42 pm
umm , sending weapons to ukraine and that money cant be used in uk ?
@erkyuo22
January 6, 2024 at 4:42 pm
U.S English better.
@markdavis4754
January 6, 2024 at 4:42 pm
This will be one sure way to push crime up as people have no choice just to have food on the table let alone heating.
@BUBUDOGSHATIN
January 6, 2024 at 4:42 pm
That’s the cost of supporting Ukraine. I bet you brits love financing other people killing their neighbours. From hk
What I see is brits are doing something hurting their ppl and others. Funny and love to see British kids freeeeze and starve
Keep it up
@lijie2511
January 6, 2024 at 4:42 pm
Why the gas/electricity/fuel prices are hiking so much? UK doesn’t get them from Russia but North Sea, should not be impacted like this, higher than Europe and US. It is hard to believe. 😔
@kelseywhite6889
January 6, 2024 at 4:42 pm
Sadly this economic crisis means more inflation and more inflation affects the banking system. My condolences to anyone retiring this year..
@epicrising9895
January 6, 2024 at 4:42 pm
No. The reason for inflation is that there has been too much fiat currency created. Inflation is always a monetary phenomenon. This video is disinformation
@user-kh4fr4qk1b
January 6, 2024 at 4:42 pm
It's all Putin's fault. Biden.
@muhammeddenizli7377
January 6, 2024 at 4:42 pm
https://youtu.be/moLewk9VVmk
@michaelleak3369
January 6, 2024 at 4:42 pm
I'm sick ove having fuck all so I'm gowing to hing my self this life is shit
@miked7666
January 6, 2024 at 4:42 pm
This is why they need War
@JakilineTheOhNo
January 6, 2024 at 4:42 pm
Bababooey
@3_2_1
January 6, 2024 at 4:42 pm
That's the weirdest way of delivering bad news. It's like "You're so ***ked, high five!"
@oddball6992
January 6, 2024 at 4:42 pm
The great reset by klaus schwab and his new world order scumbag chums “you will own nothing and be happy”
@yeabutnobut8564
January 6, 2024 at 4:42 pm
Thank you democracy. Thank you biden.
@rachelcaruthersonyou
January 6, 2024 at 4:42 pm
It's normal under a tory govt.
@dracowolfe305
January 6, 2024 at 4:42 pm
Good catch