The world has been grappling with high inflation, caused by the pandemic and Putin’s weaponisation of energy, which is why the Prime Minister made it his top priority to halve inflation. Thanks to action taken by the Government – such as holding down energy bills and taking responsible decisions with the public finances – inflation has more than halved from its peak of 10.7 per cent in November 2022 to 3.9 per cent in November 2023. This means people’s money goes further each month and gives families the immediate relief they need.
