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UK Inflation Falls Sharply, Relieving Pressure On PM Sunak

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Thu, Nov 16, 2023 06:18 AM

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Newsletter Nov 16, 2023 UK inflation hit the lowest level in two years last month after consumer pri

Newsletter Nov 16, 2023 [ International Business Times]( [UK Inflation Falls Sharply, Relieving Pressure On PM Sunak]( UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak. [Inflation, Higher Rates Hit Eurozone Growth Outlook]( The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.  [Learn more about Jeeng]( [MPs Respond To Rwanda Bill Being Ruled 'Unlawful' By Supreme Court]( Rishi Sunak says that the Tory Party will continue to push for the Rwanda Bill that was ruled 'unlawful' by the Supreme Court. [UK Rental Market Suffers Record Price Rise]( UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown. [Israel-Gaza 'Immediate Ceasefire' Vote Splits Labour Party In Two]( While MPs debate an SNP amendment that supports an "immediate ceasefire" Labour Leader Keir Starmer struggles to find party unity. [dianomi]( [Canadian Jewish Community Shocked Over Anti-Semitic School, Synagogue Attacks]( Many in the majority-Jewish Canadian town of Hampstead worried about the potential for unrest tied to the Israel-Hamas war, but residents of the small Quebec community have been startled by the scale of the outbreak of anti-Semitic incidents in recent weeks. [UK Inflation Plunges to Lowest Figure in 2023 At 4.6% as Sunak on Track to Meet Annual Target]( In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis. [Xi Warns Biden Not To Arm Taiwan, Agrees To Restart Military Talks]( Chinese leader Xi Jinping warned US President Joe Biden at a summit to stop arming Taiwan, but agreed to restart high-level military-to-military talks, Beijing said Thursday. [CCDH Accuses X (Twitter) Of Not Moderating Hate Speech]( Out of 200 posts about the Israel-Hamas war, the CCDH says 98 per cent still remained live on X 7 days after they were reported to moderators. [UK Cybersecurity Center Warns of 'Deepfakes' Threat to Next Election]( The rapid evolution of AI technology has made it increasingly challenging to distinguish between genuine and manipulated content. [Renault Tries To Lure Investment For New Electric Car Unit]( French automaker Renault on Wednesday held an investors day for its new electric vehicle subsidiary Ampere, hoping to win over investment with slashed costs and an electric car costing less than 20,000 euros ($21,600). [OpenAI Seeks Additional Financial Support From Microsoft For ChatGPT 5]( OpenAI is working on GPT-5, which will be more sophisticated than its predecessors. [Wikipedia Founder Slams Elon Musk-Owned X (Twitter)]( Wikipedia founder Jimmy Wales said X is not only losing its users but is also being "overrun by trolls and lunatics". [Liverpool Star Luis Diaz's Emotional Reunion With Father After Kidnapping Nightmare [Video]]( Luis Diaz has flown to Colombia ahead of the World Cup qualifying match against Brazil. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.

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