Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: IOF preventing ambulance crews from reaching injured in Khan Younis.
Al Mayadeen's correspondent in Gaza: Strikes on northern Gaza have increased in intensity in past hours.
Al Mayadeen's correspondent: 22 martyrs in Gaza since morning.
Iranian Foreign Minister Abbas Araghchi: When our right to enrich is denied, this is an imposition of hegemony, and our policy rejects Western hegemony.
President al-Mashat: Our armed forces, represented by our air defenses, will soon turn the Zionist enemy’s aircraft into a subject of ridicule.
President al-Mashat: Good news about the Zionist enemy’s aircraft used in aggression against our country will reach you soon, God willing.
President al-Mashat: Our armed forces will be able to deal with hostile Zionist aircraft without causing any harm to air or maritime navigation.
President al-Mashat: To ensure the safety of airliners, they must avoid navigating along the routes used by the Zionist entity to carry out aggression against our country.
Yemeni President Mahdi al-Mashat: For the safety of air and maritime navigation in areas where our armed forces operate, we have directed that the routes used by the Zionist enemy to attack our country be designated as dangerous.
Hamas official says despite this, Hamas leadership is currently undertaking a thorough review of the new proposal

UK: inflation reaches its highest since 1982

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Jul 2022 13:15
2 Min Read

Within the span of one year, the consumer price index has reached a high of 9,4%, hitting a new peak since 1982.

  • x
  • UK: inflation reaches its highest since 1982
    UK: inflation reaches its highest since 1982

The cost of living, including the cost of food and motor fuel, is rising at unprecedented levels as inflation further rises. 

During the month of June, inflation in the UK rose to 9.4% over the span of twelve months. That rate was recorded at 9,1% last May.

With inflation at a 40-year high, wages are being stretched as price rises erode the value of the pound in their pocket. The UK has especially witnessed a series of walkouts in the last months of rail workers due to poor job security and low wages. 

For the time being, this is the highest inflation rate of all G7 member countries, as Japan and Canada have yet to publish their June figures.

Related News

GCC growth to slow in 2025: Reuters poll

'Mr. Too Late must cut rates': Trump escalates Fed criticism

Read more: Japan faces soaring price hikes as yen depreciates - Reports

The Bank of England has raised its interest rate five times since December in an attempt to stem rising prices. It's expected to raise it again by as much as 50 basis points, or half a percentage point, at its next monetary policy meeting in August.

The Office for National Statistics (ONS) reported a 42% year-on-year rise in petrol prices and an almost 10% increase in food prices, the main drivers of inflation last month.

UK Finance Minister Nadhim Zahawi said that other countries were facing runaway inflations and the government was joining forces with the Bank of England to tackle the problem.

"Countries around the world are battling higher prices and I know how difficult that is for people right here in the UK, so we are working alongside the Bank of England to bear down on inflation," Zahawi said in a statement.

  • UK
  • inflation

Most Read

US judges quietly consider private security amid Trump tensions

US judges quietly consider private security amid Trump pressures

  • US & Canada
  • 25 May 2025
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to a news conference in the East Room of the White House, Tuesday, Feb. 4, 2025, in Washington (AP)

Rift widens: Trump, Netanyahu clash in heated phone call over Iran

  • Politics
  • 26 May 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
Iran advisor reveals details of US-Iran nuclear talks to Al Mayadeen

Iran advisor reveals details of US-Iran nuclear talks: Al Mayadeen

  • MENA
  • 24 May 2025

Coverage

All
War on Gaza

Read Next

All
Doctors weigh a Palestinian baby at the Médecins Sans Frontières (MSF) clinic in Muwasi, near Khan Younis in the southern Gaza Strip, Tuesday, April 8, 2025 (AP)
Health

US-Israeli Gaza aid plan is catastrophic, inhumane: MSF

Smoke rises following an Israeli airstrike on Latakia governorate on May 30, 2025 (Social media)
Politics

Israeli airstrikes hit military targets across western Syria

An Iranian security official in protective clothing walks through part of the Uranium Conversion Facility just outside the Iranian city of Isfahan, March 30, 2005. (AP)
Politics

US, E3 to push IAEA to declare Iran in breach of nuclear commitments

A Syrian soldier closes the gate of a military base on the outskirts of Harasta, near Damascus, Syria, Saturday, May 3, 2025 (AP)
Politics

Syrians expel Israeli patrol in Quneitra amid rising tensions

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS