Ahead of the upcoming general election in July, the nation will be scrutinising the economic strategies of both the Conservatives and the Labour Party. Presently, the economic outlook is improving, with the 12-month CPI inflation falling to 3.2% in March and 2.3% in April.
Given the bleak poll ratings for the Conservatives, the government is keen to present the falling inflation as a result of their effective economic policies. The Prime Minister stated that the latest inflation figures are "proof that the plan is working and that the difficult decisions we have taken are paying off." Furthermore, Britain can expect "brighter days" in the future, "but only if we stick to the plan to improve economic security and opportunity for everyone," Sunak claimed.
