Indian illustrator and visual artist Anand RK and investigative journalist Suparna Sharma, along with Bloomberg’s investigative reporter Natalie Obiko Pearson, have won the 2026 Pulitzer Prize in Illustrated Reporting and Commentary for trAPPed
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Amazon Great Summer Sale 2026 starts 8th May: Big discounts on appliances, extra bank deals, and early offers revealedAmazon Great Summer Sale is coming in 3 days: Huge price cuts on
Chennai Super Kings travel to the Arun Jaitley Stadium on Tuesday for their IPL 2026 clash against Delhi Capitals, as the cash-rich T20 franchise league enters the business end of the season. The enticing matchup will pit CSK head coach Stephen Fleming against DC’s Hemang Badani
Mirinda’s ‘Smile Please’ Campaign Brings a Fresh, Youth-First Energy to Everyday MomentsWith 'Smile Please', Mirinda introduces a vibrant visual identity and interactive packaging to inspire joy and community connection. Published on: May 05
After three weeks on the sidelines nursing a hamstring injury, Rohit Sharma made a grand return to IPL 2026 at the Wankhede Stadium on Monday. Rohit wasted little time reminding everyone of his class, producing 84 off 44 balls (6x4, 7x6) to breathe life back into Mumbai Indians’ flickering
Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares coinciding with the school summer holidays. That means inflation is at its highest level since January 2024 and still far above the Bank of England's target of 2%.
Air fares and food prices push up inflation to 3.8% in July
Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food.
That means inflation is at its highest level since January 2024 and still far above the Bank of England's target of 2%, according to the Office for National Statistics (ONS) data.
While the timing of school holidays likely caused the jump in air fares, higher food prices were driven by increases to the cost of beef, chocolate and confectionery, instant coffee, and fresh orange juice.
The slightly higher-than-expected increase to inflation strengthens economists' expectations that the Bank of England will slow the pace of interest rate cuts.
July's rise in the Consumer Prices Index (CPI) measure of inflation compares with a rise of 3.6% in the year to June.
The Bank's latest forecast expects inflation to peak at 4% in September.
ONS chief economist Grant Fitzner said the "hefty" increase of 30.2% in air fares between June and July was the biggest jump for that period since the collection of monthly data began in 2001.
He said it was "likely due to the timing of this year's school holidays".
This year, the collection day for the ONS data overlapped with the start of the school holidays in a way they didn't last year.
The price of petrol and diesel had also increased, compared with a drop this time last year, he added.
The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the fourth month in a row in which food and drink inflation had risen, bringing prices to their highest since February 2024.
Rising food and fuel prices are "stretching" Michelle Birkenhead's finances.
It's so expensive," says Michelle. "It's gone up so much, it's ridiculous. What used to cost us, two years ago, a weekly shop of £100, you're looking at £150.
Another measure of inflation, the Retail Prices Index (RPI) rose to 4.8% in the year to July, up from 4.4% in June. RPI differs from CPI in that it includes things like mortgage interest payments and buildings insurance.
It is also used to determine upcoming hikes in train fares in England.
This year's rise in the price of rail fares of 4.6% was one percentage point above RPI in July 2024, meaning that if the same pattern was adopted, fares in 2026 would rise by 5.8%.
However, the Department for Transport has said that no decisions have been made yet on next year's fares.
Policy makers at the Bank of England take into account inflation and other economic data when deciding what to do about interest rates. When inflation is high they can use higher interest rates as a tool to bear down on prices. When the economy is slow then they can cut interest rates to boost growth.
Earlier this month, they narrowly voted to cut rates to 4%, down from 4.25%, taking rates to their lowest for more than two years.
Monica George Michail, associate economist at the National Institute of Economic and Social Research (Niesr), said that some of the recent drivers of inflation have been one-off policy changes. Those changes include the April increase in employers' National Insurance Contributions and the National Living Wage rise.
"The Bank faces a difficult balancing act between lowering inflation and boosting a sluggish economy," she said.
While Niesr expects one more rate cut this year, Ms Michail added the Bank will have to "remain cautious" if food prices remain high.
Ruth Gregory, deputy chief economist at Capital Economics, said while she also expects a rate cut, in November, that decision "will be a close call and will depend on the data released over the next few months".
Bank of England governor Andrew Bailey told the BBC earlier this month that interest rates were "still on a downward path," but added that "any future rate cuts will need to be made gradually and carefully."
Reacting to the latest figures, Chancellor Rachel Reeves said the government had "taken the decisions needed to stabilise the public finances, and we're a long way from the double-digit inflation we saw under the previous government".
But she added: "There's more to do to ease the cost of living."
Shadow chancellor Mel Stride said the news on inflation was "deeply worrying for families".
Labour's choices to tax jobs and ramp up borrowing are pushing up costs and stoking inflation - making everyday essentials more expensive.
Liberal Democrat treasury spokesperson Daisy Cooper said rising inflation was "grim news for families, pensioners and businesses still struggling with the cost-of-living crisis".
She said the chancellor needed to take "far bolder action, starting with the Liberal Democrat plan to halve energy bills by 2035".
Source: BBC
Related Posts: SpiceJet posts ₹238 crore loss in June quarter mainly on higher costs US unemployment rose in November to a four-year high Rose Parade, Ball Drop weather Ruby Rose Accuses Katy Perry Of Sexual Assault Gulkand Milk Recipe with Rose Petals for a Summer Drink and Cooling Benefits How This City In India Bottles The Scent Of Rain And Rose For The World Alia says it was never a ‘rose-tinted glasses sort of relationship’ with Ranbir Guar seed futures rose on higher bets Shares of THIS Company Rose From Rs 10 to Rs 9000 In Last 10-Months Kate Middleton wore Strathmore Rose tiara in 2023
IPL 2026 DC vs CSK Live Cricket Score, Delhi Capitals vs Chennai Super Kings Today Match Updates: Delhi Capitals must rediscover consistency after three painful home defeats as they face Chennai Super Kings, with both sides on eight points from nine games.IPL 2026 DC vs CSK Live Cricket Score
1 days ago
Phil Foden has reached an agreement in principle over a new four-year deal at Manchester City. The 25-year-old's current contract was due to expire next summer but fresh terms will keep him at Etihad Stadium until 2030, with the option of another year
1 days ago
Where is KC-135 tanker? US flying gas station reportedly goes missing over Qatar: ‘7700 distress signal issued’A Boeing KC-135 Stratotanker transmitted a 7700 distress signal over the Persian Gulf, but CENTCOM has not confirmed any crash or emergency. Updated on: May 05
1 days ago
Study of seasonal pollutant trends key to tackling air pollution: DataStudy of seasonal pollutant trends key to tackling air pollution: Data Published on: May 05, 2026 5:09 PM IST PTI Share via Copy link New Delhi, A decade-long analysis of air quality data shows that pollutants in Indian cities
1 days ago
AP POLYCET Result 2026 Out: The State Board of Technical Education and Training (SBTET), Andhra Pradesh, has announced the Polytechnic Common Entrance Test (POLYCET) or AP POLYCET 2026 results today, May 5. Candidates who took the exam can check their results and rank cards on the official website
1 days ago
Zoë Kravitz keeps her rumoured engagement ring hidden behind her gown at 2026 Met Gala; Harry Styles skips eventFans eager to get a peak at Zoe Kravitz's rumoured engagement ring were left disappointed after the Met Gala, as she chose to hide it in photos. May 5, 2026
1 days ago
Sensex Today: The Nifty50 and Sensex gave up their previous session’s gains, dragged lower by weakness in banking, realty, oil and gas stocks amid rising concerns over escalating tensions in West Asia. The Nifty50 declined 86.50 points, or 0.36%, to close at 24,032.80, while the Sensex fell 251
1 days ago
Arsenal’s fledgling and uncertain hopes for a long-awaited English Premier League title received a massive boost on Monday, after title challengers Manchester City drew 3-3 with Everton and dropped points, helping Arsenal strengthen their position at the top
1 days ago
The National Company Law Appellate Tribunal on Monday dismissed two petitions by Vedanta Limited against Adani Enterprises being selected to acquire debt-ridden company Jaiprakash Associates, The Indian Express reported. Vedanta had not made any grounds for the National Company Law Tribunal to
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Need instant cooling? These heavy-duty ACs cool a room in under 5 minutesRooms heating up fast? These ACs cool in minutes, handle voltage swings, and run efficiently
1 days ago
RSSB Lab Assistant Admit Card 2026 releasing today at rssb.rajasthan.gov.in, here's how to downloadRSSB Lab Assistant Admit Card 2026 will be released today, May 5, 2026. The steps to download the hall ticket is given here. Published on: May 05
1 days ago
The Trinamool Congress focused on Bengali identity, but voters prioritized economic issues. Unemployment and corruption overshadowed cultural concerns. The BJP countered by highlighting governance failures. This shift proved decisive, leading to a verdict on administration rather than identity
1 days ago
Are you eating watermelons wrong? Doctor shares this one big mistake: ‘Avoid eating late at night to prevent…’Find out what the correct timings and healthy portion sizes are to eat watermelon properly. Published on: May 05, 2026 5:34 PM IST By Adrija Dey Share via Copy link Watermelon is a
1 days ago
As temperatures continue to soar across India, heatwaves are no longer just a seasonal discomfort but a growing public health concern. Increasingly frequent and intense, these extreme weather events are affecting not only vulnerable populations but also otherwise healthy individuals
1 days ago
Skeet shooters miss out on final spots in ISSF World Cup ShotgunSkeet shooters miss out on final spots in ISSF World Cup Shotgun Published on: May 05, 2026 5:09 PM IST PTI Share via Copy link Almaty , Indian skeet shooters disappointed as they failed the reach the finals in both the men's and
1 days ago
The US and Iran are locked in a dangerous standoff, fueled by mutual miscalculations and overconfidence. Ancient Greek concepts of error and pride offer a framework for understanding the irrational risk of renewed war, as both sides overestimate their strengths and underestimate their weaknesses
1 days ago
Film star-turned-politician C Joseph Vijay is on the cusp of history in Tamil Nadu state. On Monday, his political party Tamilaga Vettri Kazhagam (TVK) defied all naysayers to almost sweep the state election, marking a break in the established political order
1 days ago
The Defence Research and Development Organisation (DRDO) has announced applications for its 2026 paid internship programme, offering engineering students an opportunity to gain hands-on experience in defence research and technology. The internship
1 days ago
AI is transforming India’s healthcare ecosystem, enabling faster diagnostics, smarter treatments, and wider access to care. The Healthcare & MedTech category recognises solutions delivering real-world impact and clinical accuracy. It celebrates innovations that are scalable, responsible
1 days ago
An explosion at a fireworks factory in China's Hunan province has killed 26 people and left 61 wounded, according to state media. Rescue operations have wrapped up at the Huasheng Fireworks plant in the southern city of Liuyang, after an explosion on Monday afternoon forced authorities to evacuate
1 days ago
Apple has held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices, Bloomberg News reported on Monday, citing people familiar with the deliberations. Apple executives have made visits to a Samsung plant under development in
1 days ago
Exclusive | Mehreen Pirzada on first meeting with husband Arsh Aulakh: I went to say no but…Actor Mehreen Pirzada who married Arsh Aulakh on April 26, shares all about their first meeting, brother-actor Gurfateh's reaction, honeymoon plans and more Published on: May 05
1 days ago
Badruddin Ajmal's AIUDF has seen a dramatic decline in Assam. The party, once a major force for Muslim minorities, now holds only two Assembly seats. This electoral rout signifies a significant shift in the state's political landscape. Minority votes have largely moved to the Congress party
1 days ago
GSEB SSC Result 2026 Date, Time: Gujarat Board 10th results releasing tomorrowGSEB SSC Result 2026 has been announced. The Gujarat Board 10th results will be declared tomorrow at 8 am. Updated on: May 05, 2026 3:22 PM IST By HT Education Desk | Edited by Papri Chanda Share via Copy link Gujarat
1 days ago
Congress leader Rahul Gandhi on Tuesday asked members of his party and others to avoid “gloating” about the defeat of the Trinamool Congress in the West Bengal Assembly elections. “Put petty politics aside,” said the Opposition leader. “This is not about one party or another
1 days ago
For years, most of us have grown up believing that a cavity automatically means a trip to the dentist for a filling. The familiar drill-and-fill approach has long been considered the default solution. But modern dentistry is gradually moving away from this mindset. Today
1 days ago
An audio clip of an employee angrily confronting his manager has caught the attention of social media users, many of whom said they could relate to the frustration in his voice. The man is heard complaining about long working hours, workplace pressure and a promotion that allegedly came with
1 days ago
