Commenting on new inflation figures published today (Wednesday) by the Office for National Statistics, which show CPI inflation falling to 2.3%, TUC General Secretary Frances O’Grady said:
“The biggest threat to living standards right now is not inflation, it’s the Prime Minister holding the country to ransom over Brexit. Her ‘my deal or no deal’ demand is not a real choice and it will harm jobs, livelihoods and rights at work.
“With chaos in Westminster and signs of the economy getting weaker, the Bank of England should not raise rates again. The government must bring Britain back from the brink of a no deal disaster by suspending Article 50.”