Latest News

UK annual inflation slides to 13-month low
UK annual inflation slides to 13-month low
Business and Economy
by  AFP

Britain's annual inflation rate fell sharply to a 13-month low of 8.7 percent in April but prices remain elevated as the country faces a cost-of-living crisis, official data showed Wednesday. It hiked the rate by a quarter-point to 4.5 percent -- its 12th increase in a row, fuelling a cost-of-living crisis across Britain.