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Britain using all its tools to fight inflation, says Sunak

Britain using all its tools to fight inflation, says Sunak
Britain using all its tools to fight inflation, says Sunak Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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LONDON - The British government is doing all it can to combat a surge in prices, finance minister Rishi Sunak said on Wednesday, as data showed UK inflation hit 9.1% in May.

"We are using all the tools at our disposal to bring inflation down and combat rising prices," Sunak said.

"We can build a stronger economy through independent monetary policy, responsible fiscal policy which doesn't add to inflationary pressures, and by boosting our long-term productivity and growth."

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