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Delivering on Our Promise to Halve Inflation

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Wednesday, 15 November, 2023
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Today, new figures show we have met our target to halve inflation by the end of the year.

High inflation makes your money worth less – the biggest problem for families struggling with the cost of living.

New figures this morning show thanks to action such as holding down energy bills and taking responsible decisions with public finances, we have halved inflation from its peak of 10.7% to 4.6% in October.

Inflation is a tax on people’s pockets – halving it is the best thing we could do to help people’s money go further.

Our Plan for Esher and Walton constituency includes supporting hardworking local families with the cost of living. You can read more here.

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I recently stopped by Thames Ditton Community Centre to meet with Boomerang Bags and Men in Sheds based at the centre. It was great to see so many people coming together and hear how much these community groups mean to local people.

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Dominic Raab MP for Esher and Walton

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