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The general election has ruined prospects of an early rate cut

23 May 2024

4:38 AM

23 May 2024

4:38 AM

Would waiting another few months to call a general election have improved the Conservatives’ prospects? Rishi Sunak didn’t touch upon this in his speech today, announcing a general election for 4 July, but it seems likely that their broad assessment was no.

One of the big reasons for waiting until the autumn was the possibility of another fiscal statement.

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