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BREAKING
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

UK water bills to jump by 7.5%, up to 448 pounds

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Feb 2023 14:59
  • 1 Shares
3 Min Read

The increase would still be "unwelcome, particularly at the moment," even though the increase would still fall below the current inflation rate.

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  • A running tap in a household (gov.uk)
    A running tap in a household (gov.UK)

Water bills are expected to witness a 7.5% increase, which amounts to an increase from 31 pounds ($38) to 448 pounds as of April 1 in households in Wales and England.

The Water UK industry body said on Thursday that this poses the highest jump in nearly 20 years, adding: "Average yearly water and sewerage bills in England and Wales are forecast to rise by £31 (7.5%) to £448 in the forthcoming year, below inflation (November CPIH inflation, which regulators set as the benchmark, was 9.3%). Water bills remain lower, in real terms, than they were a decade ago." 

On the other hand, Water UK policy director Stuart Colville expressed that the increase would still be "unwelcome, particularly at the moment" even though the increase would still fall below the current inflation rate. He added that concerns should be forwarded to water companies and reminded them that "water companies will never cut anyone off or make them use a prepayment meter."

Read next: UK asks EU for emergency aid, extra power, to avoid blackouts

The UK has suffered one of the worst inflation consequences, with major union strikes, price increases, and bill hikes. 

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According to a new survey, Britain's reliance on government benefits has hit an all-time high, with more than half of households receiving more from the government than they pay in taxes.

Britain on the verge of famine 

Civitas research of Office of National Statistics (ONS) statistics from 2020/21 revealed that a record 54.2% of persons – or 36 million people – now live in households that received more in benefits – most notably non-cash benefits such as NHS and education services – than they paid in taxes.

It had been steadily declining since 2011, from 52.5% in 2011 to 47.5% in 2019/20, but surged during the epidemic due to additional aid.

According to new data, millions of #Britons are forced now to skip meals as a result of the ongoing #economiccrisis, with some families going through a whole day without eating a meal.#UnitedKingdom pic.twitter.com/4csjBhaMoU

— Al Mayadeen English (@MayadeenEnglish) October 19, 2022

Due to the long-term inflationary consequences of the pandemic and turmoil in Ukraine, the UK will, according to a Financial Times report, experience one of the longest recessions and the worst recoveries among G7 economies throughout 2023.

The FT report cited renowned economists who stated that the UK would face a longer-than-most "inflationary shock" period. As such, the government will be forced to conduct a strict fiscal policy throughout the year.

  • inflation
  • United Kingdom

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