The Bureau of Labor Statistics reported that prices for goods and services rose less than expected in February, with the consumer price index increasing by 0.2% for the month and the annual inflation rate reaching 2.8%. This slight uptick provided some relief to consumers and businesses concerned about the potential impact of tariffs on inflation. In January, the all-item CPI had risen by 0.5%, highlighting the importance of monitoring economic trends for future implications.
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Starmer accused of ‘holding farmers in contempt’ after axing post-Brexit payment
Ministers are accused of showing "contempt" towards farmers by suspending applications for a post-Brexit payment scheme, sparking what is called a "war on farmers". Tory leader Kemi Badenoch criticized Labour for canceling the sustainable farming incentive just before tax returns were due, leading to anger among farmers and protests. Despite Labour's decision, Sir Keir Starmer pointed out that the Tories had also cancelled the scheme without sufficient notice in previous years, leading to further tensions...
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