NY Times issues correction after printing false claims about the UK economy - News Summed Up

NY Times issues correction after printing false claims about the UK economy


The New York Times has been forced to issue a humiliating correction for its latest hit-job on the Queen after it fudged inflation data and stoked recession fears. The newspaper reported British taxpayers would front the bill of the late Queen's funeral costs — which it estimated would cost about £6million ($6.9million). Using the New York Times' estimate of the Queen's funeral cost, the UK's 28 million households would have to pay just 20 pence each. By Thursday, the Times admitted it was wrong and published a correction to the story, noting the UK's inflation is not actually as bad as it originally reported. Rather than the more than 10 percent inflation the Times pushed, the correction said: 'The country's inflation rate is at nearly 10 percent; it does not exceed 10 percent.'


Source: The Times September 16, 2022 00:38 UTC



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