More than 11 million people in the UK faced hunger in the past year, according to research conducted by the food bank charity Trussell Trust.

UK retail sales experienced an unexpected increase of 0.3% in May, as experts identify King's coronation and warmer weather as possible reasons.

Apart from global factors, UK policy decisions have exacerbated inflation – whether post-pandemic public spending or the slow pace of interest rate hikes.

Millions of Britons are facing fresh mortgage misery after the Bank of England increased interest rates by an unexpected half-point, putting homeowners at risk of higher repayments on their loans during a cost-of-living crisis.

Climate and economic experts are pointing out that the systemic global and local problems behind sticky food inflation need more than just monetary approaches.

The Bank of England is expected today to raise the interest rate for the 13th time in a row, despite recent forecasts of an improving economic outlook.

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.

Economic slowdown, border restrictions and Covid-19 have created a shortage of food in North Korea

Swedish inflation dipped under 10 percent in May, official statistics showed Wednesday, but was still higher than expected with some analysts suggesting superstar Beyonce had tipped the scales.

Britain's retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the cost-of-living crisis.

Inflation forces Brits to reduce discretionary purchases as consumer card spending grows in March. However, pubs and clubs flourished during the coronation weekend.

Stocks slipped Wednesday after Canada's central bank made a surprise interest rate hike, dampening hopes that the US Federal Reserve would skip an interest rate increase later this month.

Distraught residents of Ukraine's Kherson evacuated their homes under artillery fire on Tuesday after they were flooded by the rupture of a vast dam upstream in a disaster that Kyiv and Moscow have blamed on each other.

The ECB has hiked interest rates by an unprecedented 3.75 percentage points since last July in an attempt to rein in rapidly rising consumer prices.

For Canadian celebrity chef Suzanne Husseini, a first culinary tour of the Palestinian territories was a chance to preserve and promote the dishes and folk-remedies of her ancestry.

Resolving the debt debate would allow traders to turn their attention back to the economy, high inflation and central bank interest rates.

Wall Street extended losses while European stocks suffered their biggest single-day loss since March, after Asia had also closed in the red.

UK food price inflation stood at 19 percent in April, around the highest level in more than 45 years.

The United Nations expressed concern on Monday that Ukraine's Black Sea port of Pivdennyi (Yuzhny) has not received any ships since May 2 under a deal allowing the safe wartime export of grain and fertilizer.

A new exhibition at Prague's National Museum is addressing ways we can adapt our environments for them to be healthier and economically sustainable.

Global policymakers are battling elevated inflation caused largely by runaway energy bills following last year's invasion of Ukraine by major oil and gas producer Russia.

UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.

As the UK prepares for a weekend of celebration and opportunity, SMEs anticipate increased revenue and great customer experience during Royal Coronation weekend.

According to REC and Lightcast, there were nearly 190,000 new job posts during the Easter holiday. However, industry and job type disparities emerge.

In 2017-18 the figure was less than 500,000.

Just when it looked like we reached a turning point in the fight against inflation, figures from last-month show its impacts are still biting retailers. Inflation has taken food prices 8.9% higher than this time last year.

Although overall inflation has cooled to 4.3 percent in March, food inflation remains stubbornly high at around 10 percent year over year.

British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and the health of the wider economy, market research firm GfK said on Friday.

Over a third of the organisations across the UK's critical national infrastructure (CNI) anticipate a rise in cybercrime as a direct result of the current economic crisis.

Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected, official data showed on Wednesday, bolstering bets that the Bank of England will raise interest rates again in May.