BUSINESSTHE GUARDIAN WORLD
UK inflation falls by more than expected to 2.6% in lift for Andy Burnham
UK inflation fell to 2.6% in June, exceeding expectations, which supports Prime Minister Andy Burnham's initiatives to reduce the cost of living. Burnham announced a winter VAT holiday on electricity bills and a lower national cap on bus fares as part of his economic plans.
Mentioned
Related Signal
Adjacent reporting
- UK inflation falls more than expected to 2.6% in June
- UK borrows less than expected in June in boost for Burnham
- Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live
- UK house price inflation rises as falling energy costs soften interest rate expectations
- Andy Burnham outlines his vision for UK economy with promise to raise living standards