UK is battling a cost of living crisis. Amid this, nurses across the country have taken their first national action over paid dispute. They voted to go on a strike.

UK nurses to hold first ever strike over pay: Threat to already disrupted health system

According to Barclaycard, almost half of Britons plan to cut down on Christmas gifts to try to save money amid the biggest cost of living crisis in the country.

48 percent people plan to spend less this Christmas, says Barclaycard

In the United Kingdom, the cost of living crisis is getting worse. Many more Britons are in fact turning to food banks to try and ease through this crisis and in East London hundreds of people queued up in front of a food bank.

UK Cost of Living Crisis: Food banks 'lifesaver', Britons worried about winter

According to forecasting models created by the EU's meteorological office, Europe is set to have a cooler, drier, and less windy early winter, as the UK energy regulator warned there is a "significant risk" of gas shortages this winter.

Will Colder early winter in Europe worsen the cost of living crisis?

Europe has been facing the ripple effects of Russian invasion of Ukraine and the energy prices are on the rise. Price of heating systems have surged drastically in Hungary and Hungarian camera technician forced to live in a yurt.

Europe's cost of living crisis worsens; demand for yurts rise in Hungary

After the UK unveiled its biggest tax package in 50 years, the IMF has issued a rare & stinging rebuke. It has asked UK to re-evaluate the tax cuts, calling them a threat to the 'cost of living' crisis. Priyanka Sharma explains.

Gravitas: IMF issues a rare & stinging rebuke to the UK

As the crippling cost of living crisis continues to bite the pockets of Bangladeshi citizens, protest rage unabated across the country. Bangladesh is being caught in a quagmire of economic crisis and sought a bailout from the IMF.

Protests against rising fuel prices in Bangladesh continues

Amid the ongoing cost of living crisis in the UK, Chancellor Zahawi to visit the US. The visit is aimed at solving cost of living crisis. Meanwhile, Pubs in UK fear closure over soaring energy costs.

UK Chancellor Zahawi to visit the US: Visit aimed at solving cost of living crisis

Workers in the United Kingdom have launched some of their most disruptive industrial action in years. With living costs hitting a 40-year high, they want more pay and better conditions. Molly Gambhir tells you all about UK's 'summer of strikes'.

WION Fineprint: What is behind Britain's ‘summer of strikes’?

According to new projections from Citibank, inflation in the United Kingdom is on track to exceed 18% in January 2023, while the retail prices index inflation rate would soar to 21%.

Citibank predicts 18.6% inflation for UK in January 2023

Isaac Blake suffers from Allan-Herndon-Dudley syndrome, a rare brain development disorder that means he requires care 24 hours a day and specialist equipment. His carer, Maxine Rothchester, who has looked after him since he was eight months old, says rising fuel bills amid a cost of living crisis have put Isaac's life in danger.

Carers of 8-year-old Isaac Blake struggle to help the child

According to new research by the Britain's Post Office, people are increasingly turning back to cash as they look to control their spending during the cost-of-living crisis and soaring inflation.

Brits are turning back to cash as cost-of-living crisis worsens, says Post Office

India's RBI hiked key lending rates by 50 basis points to tame the rising inflation. Will it be enough to control the spiraling cost-of-living crisis? How does India's economic situation compare with the world? Palki Sharma tells you.

Gravitas: India's RBI hikes key interest rates

While UK Prime Minister Boris Johnson fights to remain in office there are several issues requiring urgent attention. From soaring cost of living prices to protest over rising cost of fuel, there are several things that the British public are unhappy about.

A look at the most pressing issues plaguing UK

Barclays is giving 35,000 of its staff in Britain $1,450 annual pay rise to help to ease the impact of the cost of living crisis. It also said that the pay rise will apply to staff in customer-facing roles.

Barclays offers pay hike to 35,000 staff to ease cost-of-living burden

The cost of living has been rising in several countries around the world. Rising inflation, fear of recession and economic distress are some of the fears that countries are facing. Here are some countries and their rising cost of living.

From New Zealand to India: Countries and their cost of living crisis

UK's cost of living crisis is set to worsen as experts believe food inflation may accelerate over the summer. Food prices could rise as much as 15%.

UK's cost of living crisis: Food inflation to accelerate over summer

The UK government will announce an emergency package to help people through the cost of living crisis on Thursday. Treasury sources suggested that Sunak's fresh support would focus on the poorest households.

UK: Rishi Sunak to unveil cost of living support package

Boris Johnson has asked his ministers to lay off 90,000 civil servants to fund his proposed tax cuts. Will Johnson's tax cuts ease the cost-of-living crisis in Britain? Palki Sharma tells you.

Gravitas: Boris Johnson plans to cut 90,000 government jobs

UK Prime Minister Boris Johnson has ordered ministers to cut around 90,000 Civil Service jobs to free up cash for measures to ease the cost of living crisis.

UK PM Boris Johnson plans to axe 90,000 civil service jobs to save money for tax cuts

Higher energy costs, rising demand, and supply chain concerns drove up consumer prices in December, pushing the UK inflation rate to a 30-year high.

Inflation rose to 5.4 per cent on an annual basis, the highest level since March 1992, and up from 5.1 per cent in November, which was also a decade high.

Economists polled by Reuters had expected an increase of 5.2%.

Consumer prices increased 0.5 per cent on a monthly basis, exceeding economists' expectations of a 0.3 percent increase.

The rising cost of living has fueled speculation that the Bank of England will raise interest rates once more.

The Bank of England became the first major central bank to begin raising borrowing costs from pandemic-era lows in December.&nbsp;

Following the 15-basis-point raise to 0.25 percent in December, markets will be watching the Monetary Policy Committee's next meeting on Feb. 3. Policymakers are expected to contemplate another rate hike.

The bank is also working in a labour market that is unusually tight, with vacancies at an all-time high and employment still below pre-pandemic levels.&nbsp;

British inflation is widely expected to peak in April, when regulated household energy bills look set to increase by around 50%. Last month, the BoE forecast a peak of around 6%, but now some economists see 7% as more likely.

BoE Governor Andrew Bailey is due to speak to a parliamentary committee at 1415 GMT, and the bank will publish new inflation forecasts on Feb. 3. Its last set in November showed inflation staying above its 2% target until late 2024.

Rising inflation is also turning into a political problem for Prime Minister Boris Johnson's government, which faces calls from the opposition and charities to offset the rise in energy bills, which comes at the same time as a tax increase on wages to fund higher health and social care spending.

(With inputs from agencies)

Higher energy costs, rising demand, and supply chain concerns drove up consumer prices in December, pushing the UK inflation rate to a 30-year high. Inflation rose to 5.

Higher energy costs, rising demand, and supply chain concerns drove up consumer prices in December, pushing the UK inflation rate to a 30-year high. Inflation rose to 5.4 per cent on an annual basis, the highest level since March 1992, and up from 5.1 per cent in November, which was also a decade high. Economists polled by Reuters had expected an increase of 5.2%. Consumer prices increased 0.5 per cent on a monthly basis, exceeding economists' expectations of a 0.3 percent increase. The rising cost of living has fueled speculation that the Bank of England will raise interest rates once more. The Bank of England became the first major central bank to begin raising borrowing costs from pandemic-era lows in December. Following the 15-basis-point raise to 0.25 percent in December, markets will be watching the Monetary Policy Committee's next meeting on Feb. 3. Policymakers are expected to contemplate another rate hike. The bank is also working in a labour market that is unusually tight, with vacancies at an all-time high and employment still below pre-pandemic levels. British inflation is widely expected to peak in April, when regulated household energy bills look set to increase by around 50%. Last month, the BoE forecast a peak of around 6%, but now some economists see 7% as more likely. BoE Governor Andrew Bailey is due to speak to a parliamentary committee at 1415 GMT, and the bank will publish new inflation forecasts on Feb. 3. Its last set in November showed inflation staying above its 2% target until late 2024. Rising inflation is also turning into a political problem for Prime Minister Boris Johnson's government, which faces calls from the opposition and charities to offset the rise in energy bills, which comes at the same time as a tax increase on wages to fund higher health and social care spending. (With inputs from agencies)

Britain inflation rate jumps to 30-year high of 5.4% as cost pressures continue

World's most expensive city to live in revealed - and it is not Paris or Singapore

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