Warning issued as wage figures revealed ahead of Bank of England interest rates decision - Manchester Evening News
- Britain is warned of a possible cost-of-living crisis as inflation may rise above 5% due to various pressures, according to Andrew Sentance, a former Bank of England policymaker.
- The UK's current inflation rate is 2.8%, down from 5.25%, and is influenced by rising service prices, wages, and utility costs.
- British military intelligence states that soaring inflation and high interest rates are threatening Russia's ability to maintain its defense spending amid the ongoing war in Ukraine.
- President Trump has expressed frustration over delays from Putin and has warned of potential tariffs on Russian oil, further complicating economic conditions.
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12 Articles
12 Articles
All
Left
3
Center
1
Right
2
Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
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