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BREAKING
Abu Zaid: I believe that the Iranian operation was multi-layered, combining cyber and electronic attacks with coordinated on-the-ground infiltrations by agents
Abu Zaid: Usually, archives of such sensitivity are typically protected by a full-scale security system, but it appears that Iranian intelligence managed to make use of a gap in it
Strategic military expert Nidal Abu Zaid: Iran has stripped "Israel" of the superiority and deterrence long boasted by its security minister, chief of staff, and other top officials
Fallahpour: Iran may use these documents in its battle with the United States and Western countries over its nuclear program
Fallahpour: Iran may have obtained additional documents related to "Israel's" regional projects, not just its nuclear program
Fallahpour: The coming weeks will be full of surprises, as Iran has forced Israeli intelligence agencies into a state of psychological exhaustion
Al Mayadeen's correspondent in Tehran, Siavash Fallahpour: Iran has redefined the concept of deterrence, shifting it away from traditional military balance toward a new strategic framework
Sources to Al Mayadeen: Number of documents so great that merely studying them, along with accompanying images and footage will require a great deal of time.
Sources to Al Mayadeen: Large data trove was confirmed to have arrived to "safe sites".
Sources to Al Mayadeen: Operation had taken place in past, but large size of documents and need to transfer entire batch inside Iran necessitated secrecy.

UK inflation reaches 40-year peak

  • By Al Mayadeen net
  • Source: Agencies
  • 18 May 2022 11:17
2 Min Read

Official statistics indicated Wednesday that Britain's annual inflation rate hit a 40-year high last month due to skyrocketing energy costs, exacerbating a cost-of-living problem.

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  • UK inflation reaches 40-year peak

Official statistics indicated Wednesday that Britain's annual inflation rate hit a 40-year high last month due to skyrocketing energy costs, exacerbating a cost-of-living problem.

According to the Office for National Statistics, consumer price index inflation reached 9.0 percent in April, up from 7.0 percent in March.

According to the ONS, this was the highest level since 1982, and the quickest observed pace since the data series began in 1989.

Read more: EU states running after policies to reduce energy inflation

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Countries throughout the world are experiencing decades-high inflation as the Ukraine crisis raises oil and food costs, driving the Bank of England and other central banks to raise interest rates.

On Monday, Bank of England governor Andrew Bailey warned of an "apocalyptic" situation caused by skyrocketing food prices, which he claimed were exacerbated by Ukraine's inability to sell its commodities.

Consumer prices in the United Kingdom rose in April as a ceiling on household gas and electricity was raised owing to rising wholesale energy costs.

ONS chief economist Grant Fitzner stated Wednesday that "Inflation rose steeply in April, driven by the sharp climb in electricity and gas prices as the higher price cap came into effect," adding that "Around three-quarters of the increase in the annual rate this month came from utility bills.

"We have also published new modelled historical estimates today which show that CPI annual inflation was last higher 40 years ago."

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