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HomeNewsBusinessUK Finance Minister: To reduce “horror” inflation, we must stick to the...

UK Finance Minister: To reduce “horror” inflation, we must stick to the strategy

The government must keep to its plan and make painful decisions, according to British Finance Minister Jeremy Hunt, in order to significantly reduce inflation. Hunt praised the minor decline in inflation on Wednesday.

He stated in a statement that “high inflation is a nightmare for family budgets, undermines corporate investment, and leads to strike action, so no matter how difficult it is, we need to continue to our plan to bring it down.”

“While any reduction in inflation is welcome, we have a plan to go further and halve inflation this year, cut debt, and build the economy – but it is crucial that we take the difficult decisions needed and carry the plan through,” the government said.

Patrick Huston
Patrick Huston
As a senior editor, Patrick is a professional who is in charge of putting out business news. As a senior editor, Patrick is likely to be in charge of the duties of junior editors and writers, make sure the content is correct and high-quality, and work with other departments to make sure the business news is published on time. Patrick knows a lot about business and the latest market trends. He uses this knowledge to choose and edit stories that are both interesting and useful to readers. He also works with reporters and analysts to come up with insightful pieces that help readers keep up with the latest business news. Patrick is a very important part of keeping the public informed and interested in important business issues. He is passionate about journalism and strives for excellence.
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