Inflation Overshadows Cabinet Instability in Latest Political Forecast
Stubborn price increases pose more lasting threat than ministerial exits
Persistent inflation continues to represent a more significant political challenge for the Labour government than recent ministerial resignations, according to economic analysis.
While resignations such as that of the homelessness minister highlight internal instability, it is inflation—driven in part by wage rises and social policy spending—that may have more enduring effects on public confidence and economic policy.
While resignations such as that of the homelessness minister highlight internal instability, it is inflation—driven in part by wage rises and social policy spending—that may have more enduring effects on public confidence and economic policy.
