Heavy rain brought flooding to communities across
the north of England on Sunday despite river levels stopping short of some
predictions. Rivers burst their banks in Cumbria with flooding affecting roads,
farmland and train services across the county. Only a handful of homes are thought to have
been affected despite initial fears up to 1,600 properties could be at risk. Reception
centres were set up in the Cumbrian towns of Kendal and Egremont. Image caption
Initially, about 1,600 properties in Egremont and Kendal were thought to be at
risk of flooding In addition to Cumbria,
where the main A66 route was flooded at Threlkeld, some of the worst hit areas
were in West and North Yorkshire. The
River Wharf burst its banks Leeds. Northern
Trains had to cancel a large number of services after lines were flooded in
West Yorkshire, including in Hebden Bridge and Leeds. In Stockton-on-Tees,
three people were taken to hospital for checks after a taxi overturned in what
police described as "awful driving conditions".
The Nigerian currency continued to fall and moved past the 200-mark against the dollar as political uncertainty intensified after elections were postponed and inflation accelerated.
Nigeria was due to vote for a new government over the weekend but the election has now been rescheduled to 28 March.
In addition, consumer price data showed the inflation rate has quickened to 8.2% in January, making the 7.9% in November a bottom. The price rise rate was up to 8% in December.
The USD/NGN rallied to 205.5 on 16 February, a new record low for the naira, adding up the losses so far this month to 7%.
Since October-end, the Nigerian unit has fallen nearly 20% against the greenback as currency devaluation by Africa's largest economy took effect in November.
Inflation is expected to accelerate further and the central bank could raise the main rate to 13.25% from 13% in the March review.
Though the north African country has managed to keep the growth rate above 6% for the past three quarters, continued Boko Haram insurgency and political instability have dampened the outlook.
Nigeria was due to vote for a new government over the weekend but the election has now been rescheduled to 28 March.
In addition, consumer price data showed the inflation rate has quickened to 8.2% in January, making the 7.9% in November a bottom. The price rise rate was up to 8% in December.
The USD/NGN rallied to 205.5 on 16 February, a new record low for the naira, adding up the losses so far this month to 7%.
Since October-end, the Nigerian unit has fallen nearly 20% against the greenback as currency devaluation by Africa's largest economy took effect in November.
Inflation is expected to accelerate further and the central bank could raise the main rate to 13.25% from 13% in the March review.
Though the north African country has managed to keep the growth rate above 6% for the past three quarters, continued Boko Haram insurgency and political instability have dampened the outlook.