No new cash for cost of living crisis as 90% say their bills are rising

0

NUMBER 10 has suggested that no new money will be provided to tackle the cost of living crisis in the coming months after Chancellor Rishi Sunak warned against rising public debt or the inflation.

Ministers on Tuesday discussed “a number of ideas” for dealing with the crisis in Cabinet after Johnson asked them to put in place “innovative” and “non-fiscal” programs to deal with the surge in costs.

He admitted Britons faced ‘real pressure’ but blamed external factors such as Russian President Vladimir Putin’s ‘mad malice’ in Ukraine and lockdowns in China – although experts have warned of the crisis imminent long before these world events.

READ MORE: Boris Johnson threatens to privatize Passport Office to ‘help cost of living’

The Prime Minister’s official spokesman said Johnson had told ministers ‘there was more to be done, including in areas like childcare, to further ease pressure on those who need it most needed and to bring even more people into high-skilled, high-paying jobs”.

He declined to give further details of the plan, saying it was “live political work and I’m sure we will have more to say in the future”.

Sunak “stressed the importance of not fueling further rises in inflation and pointed out that the UK is currently spending £80bn on servicing our debt,” No 10 said.

That meant there was no new money to ease the crisis until a new financial announcement from the Chancellor, Johnson’s spokesman suggested.

He told reporters: ‘Certainly departmental budgets are fixed and there are no plans to go beyond what has been agreed.

The refusal to act comes as 90% of UK households said they had seen rising costs, with escalating fuel and food costs taking their toll alongside higher bills.

READ MORE: Rishi Sunak: Spring mini-budget to push 1.3 million into poverty, report says

Nine in 10 people told the ONS they had seen costs soar, while a quarter of those polled said they were struggling to pay their bills. Some 17% had resorted to credit card borrowing or loans to get by.

According to Bank of America analysts, UK households are facing the biggest annual decline in living standards in 70 years.

Commenting, SNP Shadow Chancellor Alison Thewliss MP said the government was “too engulfed in scandal” to focus on what matters.

The National:

“With new research revealing that people are facing another blow with the average food bill set to rise by £271 this year, families need action, not more hot air from this out of touch Conservative government,” she said.

“The reality is that the Prime Minister’s remarks are just words and no action.”

Thewliss again called on the government to come up with an emergency budget in response to the gravity of the situation.

“This emergency budget must include at a minimum the conversion of the £200 energy loan into a more generous grant, the removal of the National Insurance tax hike, the reversal of the £1040 Universal Credit cuts, equalizing the Scottish Child Payment across the UK, introducing a Real Living Wage to raise incomes, reducing or removing VAT on household energy bills and tracking the 6% increase in Scottish Government benefits.

READ MORE: Steve Coogan backs Scottish independence as a ‘kick in the pants for little Englishmen’

“On May 5, Scots can send a message to Boris Johnson and prioritize action to tackle the cost of living by voting SNP in local elections.”

Meanwhile, Labor leader Sir Keir Starmer echoed the call for ‘an emergency budget, not a Cabinet meeting’ to tackle the cost of living crisis.

He told reporters at Stevenage: ‘The cost of living crisis has been staring us in the face for six months now and it’s a real problem for people struggling with their bills – and this morning’s Cabinet meeting won’t change nothing. this side.”

The government has done “very little on energy bills” and “made a bad situation worse by choosing to raise taxes”, he said.

Share.

About Author

Comments are closed.