affronts to everything we stand for is russia s invasion of ukraine and hughton s blockade of the ports that would otherwise be shipping food to the world s paris people. vladimir putin. at this moment, nearly 25 million tonnes of corn and wheat is piled up in silos across ukraine, held hostage by russia. britain supports the united nations plan to get that food out and we will invest over £370 million in global food security this year including £130 million for the world food programme. we want to work alongside our commonwealth friends to understand your needs, your priorities, and to deliverjoint solutions to a crisis that president putin has deliberately engineered. for now, it only remains for me to thank every commonwealth member for having given the united kingdom the chance to serve as during office and as i pass on this responsibility to the president, a close friend and partner, i know that he shares my boundless optimism about the future of the commonwealth at
thanks forjoining us on bbc news. uk inflation has hit the bank of england s target of 2% for the first time in almost three years. the figure which tells us the rate at which prices are rising hit the target in may, coming down from 2.3% in april. our chief economics correspondent dharshini david reports. gary in sussex used to have seven butchers shops. he now has four. forced to make cuts as he s been caught between soaring costs over the last few years and customers with lean budgets looking for value. but things are easing. the price is probably 10 15% more than they were at the beginning of covid, but the actual price of the product is pretty much stationary now. well, we hope it s stationary. it would be nice if it would come down, but i can t see that, not in the foreseeable future anyway. it s global food and energy costs, which triggered the rise in inflation to ii% in 2022, which have also helped it fall to the 2% target, along with the rate rises over the last
party the 19705, but in 2021, the labour party lost the 19705, but in 2021, the labour party lost five 5eat5 the 19705, but in 2021, the labour party lost five seats to the conservatives, so there clearly is con5ervative5, so there clearly is some con5ervative5, so there clearly is some volatility going on. exeter, lincoln some volatility going on. exeter, lincoln is some volatility going on. exeter, lincoln is interesting too. that has been lincoln is interesting too. that has been labour 5ince lincoln is interesting too. that has been labour since 2011. but at the been labour 5ince 2011. but at the general been labour since 2011. but at the general election, they lost the seat to the general election, they lost the seat to the conservatives. and it is a fairly to the conservatives. and it is a fairly marginal 5eat. to the conservatives. and it is a fairly marginal seat. the mp has a fairly marginal 5eat. the mp has a majority fairly marginal 5eat. the mp has a majority