UK interest rates may reach 3.5%, inflation continues
A cabinet minister admitted yesterday that as inflation soars and Rising interest rates are pushing up mortgage costs, and a large number of households in the UK are facing "tough times".
It warned that the government would not be able to help everyone affected by the coming epidemic. Pain strikes people.Tightening living costs will lead the Bank of England to further raise interest rates and prompt ministers to cut spending.
At the same time, the Bank of England raised interest rates for the fifth time in six months to a 13-year high of 1.25% and said it expected inflation to reach 11% this autumn.The minister appeared to urge the central bank to raise interest rates further, saying it was necessary to "crowd out inflationary pressures".
Experts warn that interest rates could reach 3.5% by the end of next year, putting more pressure on households.Raising interest rates should cool red-hot inflation by encouraging households and businesses to save rather than spend.
#{ 58}
In the days of economic downturn:
UK wage prices may spiral upward, and inflation may become more persistent;
#{ 65}Sterling may continue to weaken as the Bank of England is at a disadvantage in the fight against rising prices;
Debt costs soar, To the detriment of mortgage holders and other borrowers - including the government, whose debt exceeds £2tn;
Preparing meals for a family of four The cost will increase by more than £500 a year.
in rate for fifth consecutive year After soaring to 1.25% in March, millions of homeowners buying homes in the UK are facing mortgage difficulties.Borrowers will immediately see their bills soar by hundreds of pounds a year.
Experts also warned that As many landlords begin to pass on higher loan costs, a large number of renters will feel pain due to rising rents, so buying a house in the UK has become a new popular choice.
Be alert!The new coronavirus has evolved to be more susceptible to infecting lung tissue At the beginning of a new wave of the epidemic driven by 5, new data suggests that these variants may have evolved to be more susceptible to infecting lung tissue, which may make them more dangerous, and international students in the UK should pay attention to protection.
BA.4 and BA.5 in the UK on May 20 Officially designated as variants of concern (VOC), they were first reported in South Africa in January and February this year. ��Discover.
Latest figures show that around one in seven people in England are estimated to have been infected with coronavirus in the week to June 2.In Northern Ireland the ratio is about 1/65, in Wales about 1/75 and in Scotland about 1/40.
And whether scientists look at antibodies or T cells, natural infection with Omicron does not produce a strong immune response - this means that infection from Omicron People who recover can quickly become infected again.
According to preliminary data from a study at the University of Tokyo, BA.4, BA.5, and BA.2.12.1 may have evolved to be more susceptible to infecting lung cells rather than upper respiratory tract tissue—making them more susceptible to infection. Similar to earlier variants such as Alpha or Delta.
Dr Stephen Griffin, a virologist at the University of Leeds, said: "It looks like these Moving to a more dangerous form of infection 》
The hottest summer!Men will be allowed to remove their ties for the first time Temperatures in the region reached 34 degrees Celsius, forcing event organizers to relax strict dress codes in a rare concession.
#{ 66}
Men attending Royal Ascot are usually required to wear full suits with top hats , vest and tie.They were allowed to take off their ties and jackets during Thursday's event, but other attire remained in compliance.
#{ 87}
Thousands of Britons flocked to parks and beaches yesterday to enjoy the hottest day of the year so far - but it will get even hotter tomorrow.
London's parks and popular tourist attractions were packed, while beaches in places like Bournemouth, Dorset, were packed with sunbathers.
#{ Commuters are already facing rail woes ahead of the biggest train strike yet, The hot weather has forced operators to impose speed restrictions on some lines because high heat can affect track safety.Network Rail warned that the hot weather would "significantly impact train services".
#{ 147}
Meanwhile, the A140 in Suffolk yesterday �It was temporarily closed after the sun began to melt the pavement, forcing drivers to sit in hot, smoking cars for two hours.
Royal Ascot Ladies Day, the Queen confirmed her absence
#{ 10}The ladies showed off their finery as they arrived at Royal Ascot on Thursday.The Queen's pony won the gold medal in the competition, but the Queen has confirmed she will not be able to attend.
#{ 26}
With almost zero coronavirus restrictions, Royal Ascot has returned to its pre-pandemic glory, with attendees Already praising the return of the competition, they dressed in haute couture and millinery for the big day.
#{ 45}
