In January, inflation exceeded expectations, with the consumer price index rising 0.5% and the annual rate reaching 3%, higher than anticipated. Excluding food and energy prices, the CPI increased by 0.4%, leading to a 3.3% 12-month inflation rate. These higher figures may influence the Federal Reserve to maintain current interest rates to combat rising inflation levels.
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Billionaire hotel tycoon reveals £25,000,000,000 Heathrow expansion plan
Billionaire Surinder Arora's company has introduced a rival proposal for Heathrow's expansion, suggesting a shorter 1.7-mile runway and a new terminal, aiming for faster delivery and reduced costs without diverting the M25. In contrast, Heathrow's plan, estimated at £49 billion, includes a full-length runway and significant terminal upgrades, with both proposals vying for government approval and economic growth support. Want More Context? 🔎
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