Andrew Lilico

Sunak, not Bailey, is to blame for inflation

The Chancellor can’t keep pretending that nothing can be done

Inflation has hit a 40-year high. The cost of household utilities rose by an average of £700 last month. We are now facing inflation of 9 per cent and the figure is still careering upwards. In response, politicians and ministers have attacked the Bank of England. Some commentators have even started to call for Governor Andrew Bailey to resign.

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