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UK staring at recession with inflation at 40-year high

The UK's inflation rate has surged to a new 40-year high. The Bank of England says it will likely peak again later this year at 13.3 percent, and push the country into recession, heaping more pressure on households already struggling with living costs. Lape Olarinoye reports.

Coronavirus plunges UK into its worst recession on record

Coronavirus plunges UK into its worst recession on record

UK pubs, restaurants set to reopen on Saturday

UK pubs, restaurants set to reopen on Saturday

UK businesses affected as customers stay away after outbreak

UK businesses affected as customers stay away after outbreak

UK announces ban on petrol and diesel cars from 2030

UK announces ban on petrol and diesel cars from 2030

Florida ravaged by Hurricane Ian

Florida ravaged by Hurricane Ian

World Nomad Games back after two-year break

World Nomad Games back after two-year break

Putin signs decrees, paving way to annex Kherson, Zaporizhzhia

Putin signs decrees, paving way to annex Kherson, Zaporizhzhia

Suu Kyi, Australian economist detained since last year's coup

Suu Kyi, Australian economist detained since last year's coup

British PM defends tax cuts despite tumbling pound

British PM defends tax cuts despite tumbling pound

Russia moves to annex parts of Ukraine

Russia moves to annex parts of Ukraine

Bangladeshi fishermen risk death to make a living

Bangladeshi fishermen risk death to make a living

Critics say IMF loans often hurt developing, poor countries

Critics say IMF loans often hurt developing, poor countries

Storm brings flooding, destruction as it moves through Florida

Storm brings flooding, destruction as it moves through Florida

Nord Stream still leaking into Baltic Sea

Nord Stream still leaking into Baltic Sea

Shusha being restored to former glory

Shusha being restored to former glory

Kiev warns Moscow against annexation

Kiev warns Moscow against annexation

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