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Soaring food, transport and energy prices keep squeezing households and businesses British consumer prices saw a surge of 11.1% in October, smashing a 41-year high and exceeding analysts’ projections as the nation continued to struggle with soaring food, transport and energy costs.

Supplies must be sent to poor countries and not to wealthy Western states, the Russian finance minister told RT Russia supports the extension of the grain transport deal but only under strict compliance with the UN-backed agreement, Russian Finance Minister Anton Siluanov told RT at the G20 summit on Wednesday.