ITV Good Morning Britain Halts for Live Breaking News Update
Good Morning Britain paused its regular programming for urgent news about inflation rates dropping to 2.5 percent in December
Birmingham, UK, Good Morning Britain, Inflation, Economy, ITV
Birmingham: So, you know that show Good Morning Britain? Well, it hit pause for some breaking news. Susanna Reid and Ed Balls were on air when they had to stop everything to share some important updates.
During the show, Susanna revealed that inflation rates have dropped to 2.5 percent in December, down from 2.6 percent in November. This info came straight from the Office for National Statistics, and it’s a big deal with all the talk about government borrowing costs.
Even though the numbers are looking a bit better, inflation is still above what the Bank of England wants. After the announcement, they brought in Jonathan Swain, who was live from Staffordshire.
Jonathan was at a local butcher’s shop and shared some insights about the economy. He mentioned that businesses are getting creative to keep costs down, which is pretty smart.
He pointed out that food prices have been a big factor in inflation lately. For instance, wholesale meat prices have shot up by 35 percent. That’s a hefty increase!