Only 8 per cent of respondents credited Sunak with the more positive news on inflation, with the vast majority attributing the better outlook to tough decisions made by the Bank of England.
Even among Conservative voters, just 12 per cent cited government policy as responsible for the drop. The YouGov poll suggested most voters believe inflation has dropped because of external factors such as falling global oil and gas prices. More than one-third of the public said external factors were responsible, while 31 per cent said they did not know. The poll also showed voters overwhelmingly expect to become worse off in the next 12 months, spelling trouble for Tory hopes ahead of a general election expected next year.
Should voters be more grateful to Rishi Sunak?
In a word, no. The 8 per cent got it wrong. The Bank of England has most certainly done all of the heavy lifting to bring down inflation. Raising rates every month for the last year, so that the Bank of England base rate now stands at 5.25 per cent, is causing inflation to come down. It is also heaping misery on homeowners with mortgages to renew.
Should Sunak be more grateful to the Bank of England?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Old-school Dubois set on inheriting Taylor's throne
Caroline Dubois is unbeaten in 10 fights, has barely lost a round, she is the world champion, and nobody wants to fight her.
Forest canter past Wolves to continue unbeaten run
Nottingham Forest opened the door to a surprise Premier League title challenge after a sixth win in a row with a 3-0 victory at Wolves.
Life after Moyes a mess for incoherent Hammers side
As West Ham were defeated, they got a glimpse of what they have lost. David Moyes was at the Etihad Stadium, the scene of his last game as their manager. West Ham were beaten then, just as they were in Julen Lopetegui's latest match in charge.
Lessons learnt by United or just one more false dawn?
For large parts of his Manchester United career, Bruno Fernandes has appeared the answer. Now he posed the question.
From recession to rate cuts: 2025 economic predictions
I usually feel queasy when writing predictions for the year ahead.
London exchange exodus is a sign of US dominance
Last year saw the biggest outflow of companies from the London Stock Exchange since the global financial crisis. According to accountants EY, 88 companies, including Paddy Power owner Flutter, travel group Tui and Just Eat, abandoned the London market for US and European exchanges.
New blow as retailers warn of price hikes and job cuts
Keir Starmer faces a fresh Budget headache as retailers warn of higher prices and job cuts following disappointing sales in the crucial Christmas \"golden quarter\".
TALKING TRASH
From KKK brawls to the infamous man who married a horse’ episode, a new Netflix documentary delves into the story of The Jerry Springer Show’. Louis Chilton finds out more
Why the latest social media vogue is a fridge too far
Thought wall-to-wall beige and displaying books the wrong way round was bad? They’ve got nothing on fridgescaping’, the most unhinged Instagram trend yet, writes Helen Coffey
Drill, baby, drill': Big Oil is coming after electric vehicles
Have you ever gone back over your new year's resolutions from years ago and just thought, \"What was I thinking?\" Over the last year, it seems that Europe's biggest oil corporations did just that.
