Politics

UK inflation hits six-month high of 2.7%

Image copyright Getty Images The UK inflation rate unexpectedly rose in August to 2.7%, the highest level in six months. Economists had expected a Consumer Prices Index rate of 2.4%. The pound rose after the data was released by the Office for National Statistics. Wages are still rising more than inflation, with data last week […]

Politics

Brexit: Why champagne has become an issue

In a post-Brexit Britain, champagne may have another name but would it matter to you? Well, it’s one of the latest sticking points in exit negotiations. The European Union wants the UK to guarantee it will keep a system which protects what certain well-known brands are called. Its current system means products such as champagne […]

Politics

'Wild West' Bitcoin 'should be regulated'

Image copyright Getty Images Image caption Cryptocurrencies’ trading prices have been extremely volatile Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. Problems include volatile prices, minimal consumer protection and risks of hacking and money-laundering, says the Treasury Committee. The […]

Politics

Zambia aid: UK suspends funding over corruption fears

Image copyright Getty Images Image caption The UK government is worried that money meant for poor Zambians is being stolen by corrupt officials The UK has frozen aid funding to Zambia, after its government admitted that $4.3m (£3.3m) meant for poor families had gone missing. The move follows allegations of corruption within President Edgar Lungu’s […]

Politics

Senior politician's son is convicted of rape

Image caption Jonathon James Drakeford was convicted at Cardiff Crown Court A 31-year-old Cardiff man has been convicted of rape. Jonathon James Drakeford is the son of Welsh Government Minister Mark Drakeford, the front runner in the Welsh Labour leadership contest. Mark Drakeford said his family had been through a “distressing period” and its thoughts […]