Annual June figure comes after new PM pledges to reduce cost of living and improve economy
UK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living.
The new prime minister has pledged to bring down the cost of living to give households more disposable income and improve the outlook for the economy, announcing a winter VAT holiday on electricity bills and lowering the national cap on bus fares.
Continue reading...Originally reported by The Guardian. Read the full story at the original source.
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