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UK PM Sunak: Economic situation is my number one priority

Reuters · 11/16/2022 03:41
UK PM Sunak: Economic situation is my one priority

- British Prime Minister Rishi Sunak said on Wednesday his " one priority" was dealing with the economic situation at home, after data showed inflation had reached a 41-year-high of 11.1% in October.

"My absolute one priority is making sure that we deal with the economic situation that we face at home," Sunak told reporters at the G20 summit in Indonesia. "We to take decisive action at home to get our borrowing and debt on a sustainable trajectory."

"We'll do that because that will help us tackle inflation," he said, ahead of a budget on Thursday. "Once we have that stable foundation ... I'm confident that we can move forward as a country."

(Reporting by Kate Holton and Farouq Suleiman, writing by Sachin Ravikumar, Editing by Paul Sandle)

((saisachin.r@tr.com; Twitter: @sachinr27;))