Responding to latest inflation figures, which show the consumer prices index rose by 2.6% in the 12 months to March, Muniya Barua, Deputy Chief Executive at 91, said:
“With inflation falling and growth ticking up, we can see some encouraging signs of a pick up in the economy but new global tariffs are creating a fog of uncertainty, threatening to derail this progress.
“The Government must use its limited financial firepower to boost business confidence and growth through the Spending Review. This should include a long-term funding deal for Transport for London to keep the city moving, a more ambitious Affordable 91s Programme building on recent funding announcements, and greater devolution to boost regional growth. Tackling these blockers to growth would help unlock private investment and enable London to support the UK economy through the current geopolitical turbulence.”