Part of Prime Minister – in the House of Commons am ar 17 Ebrill 2024.
My hon. Friend is quite right. Because of our plan, the economy has, after a tough few years, turned the corner. Inflation has fallen from over 11% to 3.2%, and it is forecast to return back to target in just a few months—a year ahead of expectations. That is why we have been able to cut people’s taxes. As he mentions, the tax cut is worth £900 for an average worker. That is part of our plan to end the long-term unfairness of the double taxation on work.