UK PM Sunak vows to halve inflation

British Prime Minister Rishi Sunak has vowed to cut inflation by half.

Sunak made "five promises" during his speech in London on Wednesday.

He said the five pledges are foundations to "build a better future for our children and grandchildren."

He pledged to halve the inflation rate, grow the economy, reduce the national debt, cut waiting time for treatment under the National Health Service and pass new laws to block illegal immigrants.

Britain has seen its inflation rate exceed 10 percent for three months, with energy prices rising sharply. Strikes demanding wage hikes have been carried out by a wide range of workers, including railway and airport employees, as well as nurses and ambulance staff.

The Sunak administration has seen low support rates since its launch in October. A poll by YouGov released on January 1 puts the administration's approval rate at 13 percent and the disapproval rate at 65 percent.

In his speech, the prime minister said the promises are the people's and the government's priorities, and "we will either have achieved them or not," adding that there will be no tricks or ambiguity.