Britain Remade responds to the latest interest rate rise

Responding to the latest interest rate rise by the Bank of England, Sam Richards, founder and campaign director of pro-growth campaign group Britain Remade, said:

“The long-term solution to driving inflation down is the supply side reforms that will allow us to build the new homes, transport connections and clean energy projects we need to meet demand.

“The prime minister speaks of his moral responsibility to get inflation under control. If this is the case he should prioritise unlocking one of the cheapest forms of energy available and drop the senseless ban on new onshore wind farms in England - at a stroke unleashing a tsunami of cheap energy across the entire economy.”