"We’re on it and we’re going to get through it".
No surprise that the prime minister batted away talk of tax cuts, saying the biggest reduction the government could give was halving inflation. "The biggest tax cut that this government could deliver for you and for everyone else is to halve inflation. That is a massive tax cut," he says.As we have been reporting, Rishi Sunak is in Kent and has been reacting to today's shock hike of interest rates by the Bank of England. Does PM think Bank of England did too little too late?
He said giving out generous pay rises would be easier for him, but it would get"eaten up by more inflation down the line".political correspondent Ali FortescueShe also asks if he regrets making inflation a personal mission - and if he thinks the short term pain will cost him at the ballot box. "There's a record amount of money going into the NHS - we just have to make sure we use it properly";The PM replies that Brexit allows the UK to set its own procurement policy;Mr Sunak is then asked:"On a personal level, what are the core values that inform your leadership style?"