https://sputniknews.com/20230104/sunak-promises-to-halve-inflation-and-end-recession-in-2023-1106040482.html
Sunak promises to halve inflation and end recession in 2023
Sunak promises to halve inflation and end recession in 2023
British Prime Minister Rishi Sunak has pledged to halve runaway inflation and grow the economy by the end of the year.
2023-01-04T15:57+0000
2023-01-04T15:57+0000
2023-01-04T15:57+0000
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UK
rishi sunak
inflation
economic crisis
recession
economic recession
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British Prime Minister Rishi Sunak has pledged to halve runaway inflation and grow the economy by the end of the year. Sunak vowed to work “night and day” to deliver on those promises ahead of the next election and to create “a future that restores optimism, hope and pride to Britain.” The Consumer Price Index (CPI) inflation is currently at 10.7%, amid the energy crisis caused by Western sanctions against Russia, while the retail price index (RPI) is at 16.1%. The Prime Minister added that reducing the national debt was vital to “secure the future of public services”, while pledging to reduce waiting times in the crisis-stricken National Health Service (NHS), where nurses and ambulance staff go on strike. Sunak insisted the government was “taking urgent action” to add an additional 7,000 beds to hospital capacity, along with “future plans for A&E and ambulances”. workers like nurses. The number of people trafficked across the English Channel in flimsy, overcrowded boats has multiplied to tens of thousands a year, with young Albanian men now making up the bulk of arrivals. Those rescued by the Coastguard and the RNLI Lifeboat Service seek political asylum and are usually put up in hotels or even on moored cruise ships at taxpayers’ expense. The traffic has proven difficult to stem, despite promises from Sunak’s predecessors, Boris Johnson and Liz Truss, as deals with France – the starting point for most smuggling boats – to beef up police in its ratings.
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sunak promises to halve inflation and end recession in 2023, rishi sunak, sunak against inflation, inflation in uk, how government fights inflation, conservative government inflation, pound inflation, uk prices, uk price growth
sunak promises to halve inflation and end recession in 2023, rishi sunak, sunak against inflation, inflation in uk, how government fights inflation, conservative government inflation, pound inflation, uk prices, uk price growth
British Prime Minister Rishi Sunak has pledged to halve runaway inflation and grow the economy by the end of the year.
Sunak promised to work “night and day” to deliver on those promises ahead of the next election and to create “a future that restores optimism, hope and pride in Britain”.
The consumer price index (CPI) of inflation currently stands at 10.7%, amid the energy crisis caused by Western sanctions against Russia, while the retail price index (RPI ) is 16.1%.
“First, we will halve inflation this year to ease the cost of living and give people financial security,” Sunak said. “Second, we will grow the economy, creating better-paying jobs and opportunities across the country.”
The Prime Minister added that reducing the national debt was essential to “secure the future of public services”, while pledging to reduce waiting times in the crisis-stricken National Health Service (NHS), where nurses and ambulance staff go on strike.
Sunak insisted the government was “taking urgent action” to add an additional 7,000 beds to hospital capacity, along with “future plans for A&E and ambulances”.
He also said he wanted a “reasonable dialogue” with unions, insisting his cabinet “greatly values public sector workers like nurses”.
“Fifth, we will pass new laws to stop small boats, ensuring that if you come to this country illegally, you will be detained and quickly deported,” he warned migrants arriving from the European continent.
Record Number of Migrants Crossed Channel to UK in 2022 – Reports
The number of people trafficked across the English Channel in flimsy, overcrowded boats has multiplied to tens of thousands a year, with young Albanian men now making up the bulk of arrivals.
Those rescued by the Coastguard and the RNLI Lifeboat Service seek political asylum and are usually put up in hotels or even on moored cruise ships at taxpayers’ expense.
The traffic has proven difficult to stem, despite promises from Sunak’s predecessors, Boris Johnson and Liz Truss, as deals with France – the starting point for most smuggling boats – to beef up police in its ratings.
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