PM Says He Has 'Deep Moral Duty' To Cut Inflation Rate
The Independent|June 22, 2023
Rishi Sunak is set to say it is imperative that he “hold his nerve” to fulfil his “moral” duty to cut inflation as he resists growing calls to bail out struggling homeowners
OLIVER PRITCHARD-JONES
PM Says He Has 'Deep Moral Duty' To Cut Inflation Rate

The prime minister is under pressure to offer extra support to squeezed mortgage holders to pay soaring bills as the Bank of England is expected to raise interest rates for the 13th consecutive time.

Labour leader Sir Keir Starmer yesterday branded the government’s policy a “mortgage catastrophe” and claimed at PMQs that the spike in interest rates was costing Brits an extra £2,900 each year.

Mr Sunak is set to steadfastly stick to his commitment to halve inflation this year – something he insists he is on course to achieve – in a speech hours after Bank of England decisionmakers have met to look at interest rates.

Speaking at the economy-focused PM Connect event in the southeast of England, he will look to reassure workers about the pressures being caused by rising prices.

هذه القصة مأخوذة من طبعة June 22, 2023 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة June 22, 2023 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE INDEPENDENT مشاهدة الكل
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