Chancellor reacts to latest inflation figures

Chancellor Jeremy Hunt said there could be no deviation from the Government’s goal of halving inflation. Mr Hunt claimed that getting inflation down would address the anger of public sector workers who are pushing for higher wages to ease the cost-of-living burden. Speaking on BBC Breakfast Mr Hunt said: “There is no room for any deviation from our central objective of the year, which is to halve inflation, so that we deal with, for example, the anger of public sector workers who are seeing their pay eroded, we deal with the pressure that pensioners are seeing when they are doing their weekly shop, the pressure on businesses worried sometimes about their viability. “This has to be our central mission and that’s why the Prime Minister has nailed his colours to the mast and said we are going to halve inflation over the next year.”