In the headlines
Prepare for “the big squeeze”, says the I newspaper, after the Bank of England warned that Britain is on course for inflation above 13% and a recession lasting more than a year. In a bid to curb rising prices, the Bank has hiked interest rates by 0.5 percentage points – the biggest jump in 27 years – to 1.75%. The widely reviled American conspiracy theorist Alex Jones has been fined $4.1m for claiming the 2012 Sandy Hook school shooting was a hoax. A Texas jury ruled that the far-right shock jock had inflicted “emotional distress” on the victims’ families. The University of Aberdeen has added a trigger warning to Beowulf, says The Daily Telegraph. Students will be cautioned that the Anglo-Saxon tale about a fire-breathing dragon contains “death”, “blood” and “monsters”.