Chancellor Responds to Surprising Inflation Rise: A Setback for the Economy 📉
Rachel Reeves calls April’s inflation increase to 3.5% 'disappointing,' highlighting the impact of government policies and the ongoing economic challenges.
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Rachel Reeves admits April’s inflation rise to 3.5% is “clearly disappointing” but acknowledges the figures are partly down to government policies to “stabilise” the economy. The chancellor says, “I do recognise that all policies have consequences, but if I hadn't have acted to stabilise the public finances, we would be in a worse position today." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Published
May 21, 2025
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