BBCNEWS Politics Live June 4, 2024 12:35:00
They have looked in detail at the prime minister's economic priorities. the first of those is to halve inflation. inflation destroys the value of hard earned pay, deters investment and ferments industrial strife. this government remain steadfast in its support for the independent monetary policy committee at the bank of england, is it takes action to return inflation to the 2% target. despite continuing global instability, the obr report today that inflation in the uk will fall from 10.7% in the final quarter of last year to 2.9% by the end of 2023. that is more than halving inflation. high in...