'You haven't... read the report?' RishiSunak tells Labour MP Chris Bryant (RhonddaBryant) he has not fully read the Privileges Committee report which accused several Tory MPs of trying to undermine its work Follow live here ➡️
Latest politics as Sunak won’t say if he will miss inflation target, insisting we must ‘stick to the course’Emma MorganPrime Minister Rishi Sunak has declined to say whether he thinks the Government will miss its target of halving inflation by the end of the year, although he insisted that we must “stick to the course” on the “right” measures being applied.
It comes as Conservative minister Johnny Mercer suggested this morning that UK banks look to have profiteered off savers by failing to pass on rising interest rates quickly. Chief executives at the UK’s biggest banks have been summoned to a meeting with the financial watchdog over concerns that savings rates are lagging behind soaring mortgage costs.
The Financial Conduct Authority expects bosses from HSBC, NatWest, Lloyds and Barclays to attend on Thursday amid allegations of “blatant profiteering”.
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