British Conservative Politician and Member of Parliament for High Peak, Robert Largon, expresses his happiness and pleasure over the successful and effective working of the Government of the United Kingdom that led to the efficient falling of the inflation level in the country.
The Member of Parliament, Robert Largon, shared that the Government is rightly continuing the plan to halve inflation by the end of the year and by following the Prime Minister’s five priorities to halve inflation: to grow the economy, reduce debt, cut waiting lists, and stop the boats.
As per the information shared by MP Robert, The latest economic growth projections from the IMF show that the UK economy is far more resilient than many have claimed, with more robust growth expected than in Germany, Italy or France.
The IMF agree that we have acted decisively to tackle inflation, but as we all know, food prices are rising far too fast.
Everything the Government is doing now is through the prism of controlling inflation to ease the cost of living.
That is why the Government of the United Kingdom continues to be responsible with the public finances, working with the Bank of England to bring down the inflation rate while supporting households with the cost of living by holding down bills through the Energy Price Guarantee and freezing fuel duty. This is alongside over £3,000 cost of living support per household.
Meanwhile, MP Robert shared the need to deliver on long-term reforms, especially in education, skills and apprenticeships. And must rebalance the nation’s economy from relying on financial services and cheap foreign labour. That means investing in infrastructure in places like High Peak.
MP Robert expressed his pleasure and remarked on the hard work the Government of these nations has paid off to successfully get the £ 137 million upgrade of the Hope Valley railway line and continue to work to get the Mottram Bypass built (despite the shameless opposition from Glossop Labour Party).
Further, he added that There’s much more to do and a long way to go, but these latest economic figures show that the Government’s plan is correct.