Brits warned inflation could hit 11 per cent - and UK might already be in recession
Cabinet minister Michael Gove also warned yesterday of “a challenging and difficult time” ahead.
He told The Times CEO Summit: “It is inevitably the case when you’re squeezing inflation out of the system that you will rely on a fiscal and monetary policy that will mean you cannot do all things you would in ideal circumstances like to support people through a difficult period.”RED Wall Tories will today tell the PM to cut taxes or risk a bloodbath at the next election.
BoJo, pressured to cut tax, and Chancellor Rishi Sunak, who is resisting, will both give speeches at the conference.
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