'We got there,' says Rishi Sunak as inflation hits 2% after 11% peak as cost-of-living crisis grew

Rishi Sunak declared “we got there” as inflation hit two per cent having peaked at more than 11 per cent as Britain was plunging into a deepening cost-of-living crisis.

In a rare glimmer of good news for the Tories as they face heavy losses at the general election, inflation dropped to the Bank of England’s two per cent target in May, reaching this level for the first time in almost three years.