Prime Minister Keir Starmer got a chance to show how he aims to reconcile those two aims on Wednesday when the government announced its plans for the coming year.
U.K.'s new Labour gov't says it will turn the page on cost-of-living crisis and boost economy
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The committee noted that the timing of the general election on 4 July was not relevant to its decision at this meeting, which would as usual be made on the basis of what was judged necessary to achieve the 2% inflation target sustainably in the medium term,” it said.
Bank of England keeps main interest rate at 5.25% despite inflation fall
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