Inflation
Commons · Question 20928 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 7 Sep 2026
Question
Asked by Mike Wood
To ask the Chancellor of the Exchequer, what assessment has been made of the impact of levels of inflation on the Government’s commitment to (a) deliver growth in every postcode and (b) address the cost of living.
Answer
Answered by Torsten Bell, 7 Sep 2026
Persistently high inflation increases the cost of living for households, leads to higher borrowing costs, dampens investment and slows economic growth. The Government recognises this and is committed to bearing down on inflationary pressures, supporting g...