SUMMARY: Egg prices have risen significantly due to bird flu, which killed 17 million egg-laying hens in November and December, leading to a shortage. In Florida, the average cost of a carton has jumped 37%, now exceeding $6.30. Despite this, local businesses like Alessie Bakery are striving to keep prices stable, even though they use up to 7,000 pounds of eggs daily. The bakery’s owner says they are better prepared to manage costs compared to the 2021 price hikes caused by the pandemic and bird flu. Many customers appreciate these efforts, though families struggle with rising food prices.

Egg prices are in short supply across the nation and it’s hitting everyone, especially restaurants and bakers.

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SUMMARY: Mecum Auctions in Kissimmee, Florida, offers visitors a chance to see Hollywood history through the 1969 Porsche 917K, originally purchased by Steve McQueen and featured in *Le Mans*. With blue paint, orange stripes, and McQueen’s autograph, the car has had a successful racing career before being owned by various figures, including Jerry Seinfeld. It will be auctioned on January 18, with an estimated value of over $20 million. The event, running until January 19, features nearly 5,000 vehicles, from classic cars to unique models, offering a welcoming atmosphere for enthusiasts and collectors alike.

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SUMMARY: Britain’s new government, facing backlash over higher taxes and spending decisions, now confronts rising borrowing costs that jeopardize its left-leaning agenda. Since mid-September, the yield on the U.K.’s 10-year bonds has surged due to concerns about slow economic growth and persistent inflation, reaching levels not seen since the 2008 financial crisis. This rise limits funding for vital public services, including the National Health Service. High government debt, currently over 98% of GDP, further complicates efforts to manage costs. With economic stagnation, the new administration may need to reconsider its commitments to spending and taxation amidst global economic uncertainties.

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The post Rising borrowing costs batter UK government and threaten to derail its left-leaning program appeared first on www.news4jax.com