The U.K. Prime Minister Rishi Sunak is set to call for a general election to take place on July 4, according to reports from Sky News.
It comes as data from the Office for National Statistics showed on Wednesday that U.K. inflation dropped to 2.3% in April, nearing the Bank of England’s 2% target.
Sunak’s ruling Conservative Party had been hoping for signs of an improving economic environment, as it lags in the polls ahead of the national election.
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