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'Six eggs used to be £1' - why everyday essentials cost so much more now. Read the article on the link below.

https://www.bbc.co.uk/news/articles/cd6pw4zg5p9o

Why essentials like eggs, bread and milk cost so much more now Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?

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Lower gas and electricity bills were behind a bigger than expected drop in the UK's inflation rate, but inflation is widely expected to rise from here due to the ongoing impact of the Iran war. Read more below:

https://www.bbc.co.uk/news/articles/c4g0e0p4p2go

Inflation falls to 2.8%, but is expected to rise from here Energy prices were lower due to the government's energy bill support package and lower wholesale prices before the Iran war.

UK public sector borrowing last month hit the highest total for April since the Covid pandemic in 2020, highlighting the challenges facing the government. Read the full story below.

https://www.bbc.co.uk/news/articles/ce9py7nx8j4o

Government borrowing in April hit highest level since Covid Borrowing was higher than expected last month and retail sales fell as fuel prices surged.

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The Bank of England has signalled that interest rates could rise this year as it attempts to curb inflation following a "significant energy price shock" from the Iran war. The full article is available on the link below.

https://www.bbc.co.uk/news/articles/cg7p89mp2rjo

Bank of England says rates could rise as Iran war fuels inflation The Bank of England voted to hold interest rates at 3.75% as it monitors the knock-on effects of the Middle East conflict.

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Long-term UK borrowing costs have reached their highest level since 1998 as the Iran war continues and concerns rise over political uncertainty in the lead-up to local and national elections. Read more below.

https://www.bbc.co.uk/news/articles/c936qn69016o

UK government long-term borrowing costs reach 28-year high There have been extra jitters in UK government debt markets ahead of Thursday's local and national elections.

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Oil prices edged lower in Wednesday trade in Asia after US President Donald Trump raised hopes for an agreement with Iran to end the war. Read the full story below.

https://www.bbc.co.uk/news/articles/c4g8zejyyr3o

Oil prices drop and stock markets rise after reports of deal to end Iran war Reports have raised hopes of an agreement between the US and Iran after days of escalation.