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Inflation pushes UK government interest costs to May record

by Gibbs RyanJune 23, 2022

Surging inflation led interest payments on government debt to hit the highest amount for May on record. Interest payments paid by the government for last month hit £7.6bn, up £3.1bn from a year earlier. Government borrowing fell in May from a year earlier but still…

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India floods destroy millions of homes and dreams

by Gibbs RyanJune 21, 2022

“There was water everywhere, but not a single drop to drink.” That is how Ronju Chowdhary described the scene outside her house on Saturday. She lives in Udiana, a remote village in the north-eastern Indian state of Assam, which has been hit by severe floods.…

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