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Main Reasons for the Increase in Living Costs in the UK
UK Prime Minister Andy Burnham has embarked on a nationwide tour to listen to the financial problems of the population. Rising energy prices due to the US-Israel-Iran conflict and the resulting inflation are driving up living costs.
UK Prime Minister Andy Burnham has started a large-scale tour to hear about the financial difficulties faced by the country's population. The rise in energy prices caused by the US-Israel-Iran conflict and the consequent increase in inflation are leading to a sharp rise in living costs in the country. The Bank of England forecasts that inflation will rise even further in the second half of the year.