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Rishi Sunak said inflation would be halved by Christmas and the latest figures show that that prediction has been more than met. It was always the most likely one of the Prime Minister’s five pledges to be achieved because the biggest upward pressure on prices – energy costs – were expected to ease as the year progressed.
Deputy governor feels MPC will need more convincing that wage pressure is abating
The Bank of England needs to see a steeper and prolonged easing of pay growth before concluding its battle against wage inflation has been won, one of its…
In an interview with the Spectator magazine, Rishi Sunak dropped a heavy hint that the Government will slash taxes again in the budget expected in March.
‘Green shoots’ already appearing in housing market, expert suggests as market eyes rate cuts next year