Half of Voters Hold Government to Account Government for Inflation

Share
Half of Voters Hold Government to Account Government for Inflation

A majority of British voters predominantly hold the Government responsible for inflation. 50% of voters blame the Government, whilst 32% hold the Bank of England responsible. Perhaps not unrelated to Rishi's relentless repetition of his pledge to halve inflation...

Although the government does set an inflation target, and bears responsibility for fiscal policy, monetary policy is predominantly carried out by the independent bank - with their primary objective to meet the government's target. The fact so many voters hold the government primarily responsible doesn't bode well for the Conservatives if high inflation persists.

Read more