Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    skynews
    skynews
    12
    101
    3
    6k
    5

    UK Inflation Hits 14-Month High: Soaring Bills and Government Response

    UK Inflation Soars to 14-Month High: Rising Bills Fuel 3.5% Increase LONDON, UK – Official figures released today reveal that UK inflation surged to a 14-month high of 3.5% in April 2025. This sharp increase is primarily attributed to a significant rise in household bills, encompassing energy, water, council tax, and broadband/mobile phone costs. The news comes as a blow to many UK citizens already grappling with the ongoing cost of living crisis. "The numbers today are clearly disappointing," stated Chancellor Rachel Reeves MP in an interview with Sky News. "We want to see inflation coming down after the cost of living challenges that people have been through this last few years." The government is responding to this economic pressure by increasing the national living wage, providing a pay rise to three million people, and rolling out free breakfast clubs at primary schools. Sky News' Paul Kelso's analysis highlights that while wages are rising faster than inflation, other factors such as increased national insurance costs could further pressure businesses. The Bank of England anticipates inflation to ease as the year progresses. This economic challenge, however, underscores the ongoing need for government support and strategic planning to help families manage the cost of living.

    2 months ago
    GB
    London
    news summary
    inflation
    UK Inflation Jumps to Highest Level in Over a Year
    UK Inflation Jumps to Highest Level in Over a Year
    itvnews
    2mo ago
    GB
    44k
    UK Inflation Jumps to 3.5%, Sparking Cost of Living Concerns
    UK Inflation Jumps to 3.5%, Sparking Cost of Living Concerns
    gbnews
    2mo ago
    GB
    78k
    UK Inflation Soars: Energy Bills Drive Prices to 1-Year High
    UK Inflation Soars: Energy Bills Drive Prices to 1-Year High
    bbcnews
    2mo ago
    GB
    114k
    Shadow Chancellor's Hilarious Voice Glitch During Inflation Interview Goes Viral
    Shadow Chancellor's Hilarious Voice Glitch During Inflation In…
    dailymailuk
    2mo ago
    GB
    114k
    newstik.info@gmail.com