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Search resuls for: "Will Hobbs"


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Xinhua News Agency | Xinhua News Agency | Getty ImagesAntarctic sea ice has been at record low levels for the past few months. What the record low sea ice in the Antarctic meansZoom In Icon Arrows pointing outwards The blue line sows the amount of sea ice in the Antarctic in 2023. Why the sea ice levels in the Arctic are more damningThe Arctic is an ocean covered by a layer of sea ice and surrounded by land. So the change below the surface in the Arctic sea ice is much more pronounced than the change in Antarctic sea ice," Meier told CNBC. While the sea ice does not directly contribute to sea level rise, melting land ice does.
Persons: That's, it's, Walt Meier, Howard Diamond, Diamond, Will Hobbs, Hobbs, Meier, Kerem Yucel, that's, Notz Organizations: Antarctic, Xinhua News Agency, Getty, Data, University of Colorado, CNBC, U.S . National, Resources Laboratory, University of Colorado Boulder, Boulder Cooperative Institute for Research, Environmental Sciences, Australian Antarctic Program, NASA Gulfstream, University of Texas, Afp, NOAA Locations: Southern Ocean, Antarctica, New York City
The BRC said retail spending increased by 4.9% in annual terms in June - roughly in line with its average this year, though stronger than May's 3.9% and a 1.0% drop a year earlier. However, the BRC data is not adjusted for inflation, so last month's increase in spending still reflects a fall in the volume of goods purchased. Previous BRC data showed prices among its members were up by an annual 8.4% on average in June, rising to 14.6% for food, despite a drop in the cost of some food products. Over the second quarter as a whole, food spending was up 9.8% while non-food spending grew just 0.3%. Paul Martin, UK head of retail at accountants KPMG, who sponsor the data, said stubborn food inflation was reducing shoppers' ability to spend on non-essential items.
Persons: Paul Martin, Martin, Will Hobbs, Hobbs, Suban Abdulla, David Milliken Organizations: British Retail Consortium, KPMG, Consumers, Bank of England, Barclays, Thomson Locations: Britain
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