The U.K.’s inflation rate surged to 3% in January, exceeding analyst expectations, driven by transport and food costs, with core inflation rising to 3.7%, the highest since April 2024. The Bank of England recently cut interest rates to 4.5% due to sluggish growth and falling inflation, forecasting a rise to 3.7% in the third quarter of 2025 before falling back to the 2% target by 2027, while also revising the country’s economic growth outlook from 1.5% to 0.75% for the year.
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Starmer calls for Zelensky to be part of Ukraine peace talks ahead of Trump meeting
Sir Keir Starmer and Volodymyr Zelensky are pressuring Donald Trump to include European leaders in talks to end Vladimir Putin’s invasion of Ukraine. A rift has formed between Europe and the White House, with the prime minister and President Zelensky planning for an active week ahead. French president Emmanuel Macron and Sir Keir will meet with Mr Trump in Washington to discuss peace plans, amidst tensions over the handling of the conflict. Full Article
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