“I’ve been saving this for a rainy day, Mr. Sunak – but I think you might need it now.”

Umbrella for Sunak
"I've been saving this for a rainy day but I think you might need it now Mr. Sunak."

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.

Soggy wet politics!

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