After national security, a strong economy is the top priority for any democratically-elected government. Sustainable growth and low inflation don’t just look good in Budget red books, they materially improve the lives of citizens. But in absolute and relative terms, Britain is falling behind.
Take a basic necessity such as food. Data provided by Kantar shows that grocery inflation is running at 16.7 per cent, nearly double the official inflation rate and adding an additional £800 to annual shopping bills.
