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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Twenty-seven people have been killed and almost 400 evacuated after a Russian strike hit a warehouse near Kyiv, triggering a fire and a series of explosions.
Regional governor Tymur Tkachenko said a further 42 people, including four children, were injured after the Russian drone strike in the Bucha district.
An investigation has been launched into whether ammunition was being stored at the site, where search and rescue operations were ongoing early on Saturday.
Russia’s Ministry of Defence said in a statement that its forces had targeted “an ammunition depot” in the Kyiv region village of Myla, which stores “components and launch boosters for FP-1/FP-2 long-range unmanned aerial vehicles”.
Ukraine’s President Volodymyr Zelensky expressed his condolences to the families of the victims of the strike, saying that more than 300 emergency respondents had been deployed to the strike area.
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Norway’s King Harald V has died at the age of 89, after he was taken to hospital last week for treatment for a rare blood condition.
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At least 17 people were killed in the latest round of Russian missile and drone attacks, officials in Ukraine have said.
The country is seeing a surge in the number of civilian casualties, as Russian strikes exploit weaknesses in Ukraine’s air defence systems.
Capital city Kyiv was targeted in the recent strikes, along with cities in the east of the country.
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Every time you order clothes, groceries or household essentials online, there’s a chance an autonomous robot helped out.
Inside warehouses across the world, fleets of autonomous robots are changing the way orders are picked, packed and dispatched. Much of this technology is being developed in China.
Tech Now’s Suranjana Tewari heads behind the scenes of Geek+, the world’s largest supplier of autonomous mobile warehouse robots.
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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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@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