As the annual inflation rate remains stagnant, the government must signal intention for regaining EU membership to keep prices down, campaigners urge.
The UK’s annual inflation rate remains stagnant at 2.8% in May 2026, based on newly released data from the Office for National Statistics (ONS).
Naomi Smith, Chief Executive of Best for Britain, said:
“Trump’s tariffs, his war in Iran, and rising cost of living pressures are all contributing to the financial mess we have found ourselves in - but every aspect is worsened by our disastrous decade since leaving the EU.
“Now we have a date for next month’s UK-EU summit, it’s vital ministers recognise the most powerful lever they have to begin to bring prices down and keep money in Brits’ pockets is to signal intention for regaining our EU membership. Our economy needs it, our security demands it, and crucially, voters want it”