Rishi Sunak: ‘I am hurting myself to help you’ | ITV News

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Rishi Sunak: 'I am hurting myself to help you' | ITV News

Topps Tiles HQ, on the outskirts of Leicester, is familiar territory for Rishi Sunak because his aunt and uncle live down the road.

And today he was on familiar policy territory, when doing one of his regular visits to a British business, and then being interviewed by me – because there is little he enjoys more than talking about the economy and numbers.

He was bullish, following the announcement from the Office for National Statistics (ONS) that consumer price inflation had fallen to 6.8% – down from 7.9% in June and 11.1% last October – so he stands a reasonable chance of honouring his pledge to cut CPI inflation to 5.3% during the last three months of the year.

That said, and as I pointed out to him, today’s inflation fall had almost no connection with anything he had done – because it was driven by a drop in the market price of gas and electricity prices, and a moderation in food inflation to a still-high 14.9%.

Read Robert Peston’s full blog on the ITV News website: https://www.itv.com/news/2023-08-16/rishi-sunak-i-am-hurting-myself-to-help-you

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Date: August 16, 2023