Core inflation rate slows to 3.2% in December, less than expected

UK inflation unexpectedly fell in December, leading to expectations of an interest rate cut next month as prices rose 2.5% in the year, down from 2.6% the previous month. The drop was driven by lower hotel prices and smaller airfare increases, with investors now backing a second cut by the end of the year. Government borrowing costs have eased, and Chancellor Rachel Reeves faces pressure to address the market turmoil caused by her Budget policies....

In a steamy game on Love Island All Stars, Curtis Pritchard chose India Reynolds to lick "from top to bottom," causing a furious reaction from love rival Ekin-Su. Ekin-Su, a bombshell from series eight, ultimately chose to steal Curtis from Kaz Crossley, leading to tension in the villa. Viewers were shocked when Curtis admitted to sleeping naked, sparking concern and reactions from fans watching the show. Full Article

UK borrowing costs dropped significantly on Wednesday, driven by lower consumer inflation data in both the UK and the US. The yield on 10-year UK government bonds decreased by 16 basis points to 4.727%, marking its first daily decline since December 31. Additionally, the yields on 2-year and 30-year UK bonds also fell by 15 basis points each, following concerns over the country's growth outlook and debt load. Full Article

Negotiations between Israel and Hamas in Doha, Qatar hit a snag, delaying the expected announcement of a ceasefire agreement to pause the 15-month war in Gaza. Israel accused Hamas of making changes to agreed arrangements along Gaza's border with Egypt, which Hamas denied. Qatar, mediating the talks, had to delay the deal announcement, which includes the release of hostages, return of displaced Palestinians, and humanitarian aid influx. Full Article

Protests erupted during the confirmation hearing for Sen. Marco Rubio as he was repeatedly interrupted by protesters, including one shouting in Spanish and others being removed by Capitol Police. Protesters were warned not to disrupt proceedings or face removal from the hearing for at least a year. Rubio, who was nominated to lead the Department of State under the second Trump administration, faced interruptions from protesters wearing Code Pink shirts and anti-Rubio stickers. Full Article

The World Monuments Fund has released its biennial Watch List of endangered places, including areas threatened by climate change, natural disasters, and human conflict. One of the most severely impacted areas is Gaza, where heritage sites have been destroyed by ongoing military conflict since 2023. The destruction has severed vital connections between the people of Gaza and its urban fabric, including historic buildings like the Church of Saint Porphyrius. The WMF aims to raise awareness...