Britons are struggling to make ever increasing mortgage repayments due to a rise in benchmark borrowing costs which has pushed up monthly mortgage payments, while the Eurozone suffers stagflation.

The UK has the highest food inflation rate in the industrialized world, with Brexit, which has brought about extra barriers on food imports from the European Union, identified as one of the major causes.

The UK Chancellor of the Exchequer has said that he is prepared to accept a recession if it brings down inflation.

The British government has introduced legislation that makes it difficult for unions to hold further strikes.

England's junior doctors are planning to stage more strikes after negotiations over a pay rise with the government collapse.

UK's unemployment rate has increased over the first three months of the year as high inflation puts pressure on the labor market, according to the National Bureau of Statistics.

A British think tank warns that nearly 1.6 million British household are yet to see the 2,300-pound hike in payments after the mortgage rate surge.

The BoE has again raised its benchmark interest rate by a quarter of a percentage point, which now stands at a 15 year record high of 4.5%.

Thousands of hospitality firms across the UK have been forced to shut down their businesses over the past year amid the pressure of skyrocketing energy costs.

Britons are gearing-up for the upcoming coronation ceremony of king Charles III next week, as the anti-monarchial pressure group, UK Republic is set to hold a massive demonstration at Trafalgar Square.