Good news earlier this week β the latest ONS data has shown that inflation has fallen again to the lowest it has been in nearly three years!
Inflation has come down from its peak of 11.1% in October 22 and in March inflation was 3.2%. The Prime Minister made halving inflation one of his top priories and it is now almost down to the Bank of Englandβs target rate of 2%.
Energy bills are down , wages and the living wage are rising , Pensions are rising , we are cutting tax and our reforms to childcare are kicking in β which will help hard-working families. Our plan is working and It is vital that we stick at it and mortgages and interest rates will also come back down