UK inflation falls to lowest rate since September 2021
- Full story: UK inflation falls to 3.4% in February to lowest level for two and a half years
- ‘It’s been rocky – but childcare is a silver lining’: how one UK family copes with soaring living costs
Rachel Reeves MP points out that prices are still high, at a time when households are also being hit by rising taxes and higher mortgage rates.
The shadow chancellor says:
“After fourteen years of chaos and uncertainty under the Conservatives working people are worse off. Prices are still high, the tax burden is the highest it has been in seventy years and mortgage payments are going up.
Now Rishi Sunak is putting forward a reckless £46 billion unfunded tax plan to abolish National Insurance that would risk crashing the economy and re-running the disastrous Liz Truss experiment.
