Bank of England offers no election help to Rishi Sunak as the UK interest rate is held at 5.25%. Not that they should.
But the UK inflation is on target now at 2% so that’s some consolation. The PM claimed credit as the inflation target was met – happily informing us that his plan was working. But isn’t it the job of the Bank of England to maintain inflation at 2%?
Not that they have done a very good job of that either.