Current location:Stellar Site news portal > health
UK PM pledges to halve inflation, boost economy
Stellar Site news portal2024-05-21 14:03:02【health】7People have gathered around
IntroductionPeople are seen with shopping bags on a street during Boxing Day sales in London, Britain, on Dec. 2
People are seen with shopping bags on a street during Boxing Day sales in London, Britain, on Dec. 26, 2022. (Photo by Dinendra Haria/Xinhua)
Sunak made five pledges: to halve inflation, grow the economy, reduce national debt, cut hospital waiting lists and stop illegal migrant boats crossing the English Channel.
LONDON, Jan. 4 (Xinhua) -- United Kingdom (UK) Prime Minister Rishi Sunak pledged to halve inflation and boost the country's economy in his first major speech in 2023 on Wednesday.
Sunak made five pledges. These are: to halve inflation; to grow the economy; to reduce national debt; to cut hospital waiting lists; and to stop illegal migrant boats crossing the English Channel.
Calling these the "people's priorities," Sunak vowed to "work night and day" to deliver for the British people.
Britain's new Prime Minister Rishi Sunak waves to the crowd after delivering his first address to the nation outside 10 Downing Street in London, Britain, Oct. 25, 2022.(Xinhua/Li Ying)
He said his government will halve inflation this year to reduce the cost of living and give people financial security. According to official figures, the UK's annual inflation dipped to 10.7 percent in November from 11.1 percent in October.
Last November, the Bank of England (BoE) said it expected the country's consumer price index (CPI) to drop sharply after the middle of 2023.
To grow the economy, Sunak pledged to create better-paid jobs and opportunities across the country. However, this may prove to be an uphill task.
According to the Office for National Statistics (ONS), the UK's gross domestic product (GDP) fell by 0.3 percent in the third quarter of 2022. The BoE also warned that the country's economy is bound to remain in recession throughout 2023 and the first half of 2024, and GDP will recover only gradually thereafter.
Photo taken on March 23, 2022 shows British coins in Basingstoke, Britain. (Photo by Tim Ireland/Xinhua)
Reducing public debt has always been a priority for Sunak's fiscal policies since he took office in late October. In his Autumn Statement, Chancellor of the Exchequer Jeremy Hunt announced a package of tax hikes and spending cuts in a bid to improve the public finances and restore the country's economic credibility.
In Sunak's fourth pledge, he promised that the waiting lists of the National Health Service (NHS) will fall and people will get the care they need more quickly. According to the British Medical Association (BMA), in October 2022, a record 7.21 million people were waiting for medical treatment in the UK.
Sunak also vowed to pass new laws to curb the arrival of migrants in "small boats," on the country's coast. "If you come to this country illegally, you are detained and swiftly removed," he said.
Migrants arrive on a beach in Dungeness, Britain on Nov. 24, 2021. (Photo by Steve Finn/Xinhua)
The Times newspaper cited official figures as showing that a record 45,756 migrants crossed the English Channel to the UK last year.
In his speech, Sunak also said that he plans to ensure that all pupils in the country study maths until the age of 18.
He said the UK was one of the few countries in the world not to require children to study maths in some form up to that age.
"Improving education," he said, "is the closest thing to a silver bullet there is. It is the best economic policy, the best social policy, the best moral policy."■
Address of this article:http://sudan.fictionsmistress.com/article-18c699950.html
Very good!(82)
Related articles
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- The Islamic State claims attack in Afghanistan that killed 3 Spanish citizens and 3 Afghans
- Stars shining at San Siro as Inter celebrates 20th Serie A title
- Botanists are scouring the US
- Cruise worker 'murders newborn son on board ship': Shocked co
- Exclusive: How a Nigerian king who Harry hailed as one of his 'new in
- Chinese youngsters embrace more diversified tourism options
- Condition of Slovakia's prime minister improves following an assassination attempt
- Company wins court ruling to continue development of Michigan factory serving EV industry
- Iran helicopter crash: Rescuers say 'No sign of life' at chopper crash site
Popular articles
Recommended
Fresh heartache for cancer
PGA Championship at a glance
Rosie Huntington
Man City wins record fourth straight Premier League title after 3
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
China to strengthen administrative law enforcement oversight
Man City stars and their WAGs hit the tiles in style after historic Premier League title win
Stock market today: World stocks advance after Wall Street closes out another winning week
Links
- Exhibition on Achievements in China Women and Children's Cause Opens in Beijing
- Shen Yueyue Stresses Converging the Strength of Women and Families to Forge Ahead on a New Journey
- ACWF Extends Festival Greetings to Women Athletes, Workers and Volunteers in Paralympic Village
- Huang Addresses Second Women Power Forum, Inaugural Ceremony of HKFW's Board (2021
- ACWF Launches Publicity and Education Campaign for Children to Mark CPC Centenary
- China's Domestic Tourism Revenue to Near 600 Bln USD in 2022: Expert
- Aerospace·Dream — Spring Bud Project Launched
- ACWF Publicizes Top 10 Women, Children's Rights
- Chinese State Councilor Meets Thai Princess Sirindhorn
- Huang Delivers Keynote Speech at Virtual Dialogue on Promoting China