An interest rate cut for the Bank of England pre-election?

With inflation having fallen down to 2% flat in the UK, it would seem prudent for interest rates to be cut from 5.25% down to 5%. As a general election is coming up soon, why wouldn’t one make the most of the opportunity that lies ahead to scale interest rates down to a level that makes any uncertainty surrounding an election more manageable economically?

You can read my thoughts here in The Spectator Australia.

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