UK inflation rises to 2.9% as Iran war fuels living costs squeeze

Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest rates UK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households. Underscoring the challenge for Andy Burnham’s government to give “

Energy prices are driving up the cost of living across the country and in Manitoba, as Canadians feel the pinch every time they fill up.

Taiwan President Lai Ching-te announced plans to distribute NT$10,000 ($314) in cash to eligible residents next year, citing the economy’s blistering pace of growth thanks to booming global demand for artificial intelligence.

Some expect cost pressures to shift Kiwi travel towards short-haul trips.