Conservative Tom Randall recalls that former prime minister Margaret Thatcher described inflation as a “destroyer” of industry, jobs and savings. That is just as true today, he suggests. Sunak says today’s fall in inflation is a “major moment for the economy”, with the headline rate “back to normal” thanks to the hard work and resilience of the British people. This shows, he says, the government’s plan is “working”. Thanks to that plan, he adds, mortgage rates, energy bills and taxes are all down. The alternative, he says, would be £2,000 of tax rises under Labour. BBCCopyright: BBC
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnConservative Tom Randall recalls that former prime minister Margaret Thatcher described inflation as a “destroyer” of industry, jobs and savings. That is just as true today, he suggests. Sunak says today’s fall in inflation is a “major moment for the economy”, with the headline rate “back to normal” thanks to the hard work and resilience of the British people. This shows, he says, the government’s plan is “working”. Thanks to that plan, he adds, mortgage rates, energy bills and taxes are all down. The alternative, he says, would be £2,000 of tax rises under Labour. BBCCopyright: BBCnnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]