UK inflation has decreased, with the Consumer Prices Index falling to 2.8% in February from 3% in January, according to the Office for National Statistics. This news comes as Chancellor Rachel Reeves prepares to deliver her spring statement, where spending cuts are expected to be announced. The easing inflation is seen as positive for efforts to reduce the cost of living, with clothing prices being a key driver of the decrease.
Full Article
Von der Leyen tells Xi EU-China ties are at ‘inflection point’
European Commission President Ursula von der Leyen and European Council President António Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? 🔎
Read more