Sunak struggles to deflect inflation blame onto corporate Britain

British prime minister Rishi Sunak.

British prime minister Rishi Sunak’s push to get companies soften the blow of inflation on consumers appears unlikely to yield significant results, undercutting one of his key pledges.

Chancellor of the Exchequer Jeremy Hunt met regulators of key UK industries as the UK government seeks to deflect some of the blame for the cost-of-living squeeze onto corporate Britain. The meeting is down to “politics and optics”, said Vicky Pryce, chief economic adviser at the Centre for Economics and Business Research.