Govt forced to hand over £7.6bn last month in record interest payment on public debt
Thursday, 23 June 2022 The UK government made one of its largest interest payments on public debt ever last month, after inflation pushed borrowing costs to some of their highest levels on record.
Bitcoin Struggles , As Sellers Lose , Historic $7.3 Billion.
Last week, Bitcoin investors saw the largest
realized loss ever as a widespread sell-off
led to shedding $7.3 billion in shares.
According to Vice, a sustained crash
that began last month has caused the price
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Former prime minister Gordon Brown has called on the government to "act now" on the cost-of-living crisis. He fears that by waiting until a new prime minister is chosen, it will be "too late" and that people will be "experiencing great hardship and an unbearable burden of unpayable bills" in October.
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Business Minister Greg Hands insists the government has given "enormous" support for vulnerable households, as the Bank of England announces a 0.5 per cent growth in interest rates, its biggest hike since 1995. He also claims Russia's invasion of Ukraine is to blame for soaring energy costs across most Western countries.
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Number of US , Job Openings Dropped , to 10.7 Million in June.
In June, American employers posted fewer
job openings as the economy struggles under
record inflation and rising interest rates.
ABC..
Credit: Wibbitz Top Stories Duration: 01:31Published
Assange Lodges Appeal , Against Extradition , As Supporters Protest in London.
'The Independent' reports that Julian Assange
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Thursday, 23 June 2022
The UK government made one of its largest interest payments on public debt ever last month, after inflation pushed borrowing costs to some of their highest levels on record. 
![Gordon Brown: Govt must act now on cost-of-living crisis [Video]](https://video.newsserve.net/300/v/20220808/1339258393-Gordon-Brown-Govt-must-act-now-on-cost.jpg)
![Govt insists vulnerable households given 'enormous' support [Video]](https://video.newsserve.net/300/v/20220804/1339160873-Govt-insists-vulnerable-households-given-enormous-support.jpg)
![Number of US Job Openings Dropped to 10.7 Million in June [Video]](https://video.newsserve.net/300/v/20220802/1339090536-Number-of-US-Job-Openings-Dropped-to-10.jpg)
![Assange Lodges Appeal Against Extradition As Supporters Protest in London [Video]](https://video.newsserve.net/300/v/20220701/1337970107-Assange-Lodges-Appeal-Against-Extradition-As-Supporters-Protest.jpg)
