In February, consumer price inflation in the U.K. dropped to 2.8% from 3%, with clothing prices, especially women’s clothes, driving the decline, exceeding analysts’ expectations of a 2.9% decrease. While living costs continue to rise above the Bank of England’s 2% target, the slower rate of inflation provides relief for Treasury chief Rachel Reeves ahead of her statement on public finances, where she is expected to announce spending cuts and address weaker economic growth projections. Despite economic uncertainties, the Bank of England kept its main interest rate unchanged at 4.50% as the nation faces challenges from the U.S.’s tariff policies.
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About 4.7kg of heroin among drugs seized from car at Woodlands Checkpoint
SINGAPORE: A 41-year-old Singaporean man was arrested for attempting to smuggle approximately 4.7kg of heroin at Woodlands Checkpoint on April 16. Officers noticed suspicious behavior from the passenger of a Malaysian-registered car, leading to the discovery of various controlled drugs, including cannabis and Ice, with a combined estimated value of over S$845,500. The man also had additional drugs seized from his residence, and serious legal consequences await those found guilty of drug trafficking in Singapore....
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