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Jul 17, 2025  |  
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NextImg:Rachel Reeves's economic decisions will keep interest rates 'higher for longer', Mel Stride says

Shadow Chancellor Mel Stride has accused Rachel Reeves of making the "wrong decisions" on the economy, warning they will keep "interest rates higher for longer".

Stride told GB News that inflation remains "too high" due to the Government's approach, as official figures show rates increased to 3.6 per cent in June.