An aloof and rich chancellor in dire political trouble still has the chance to ease a brutal cost-of-living crisis

Rishi Sunak is on the ropes, and not just over accusations that he has been less than transparent about his personal finances and those of his wife.

The chancellor looks as if he only needs a top hat and morning coat to complete his transformation to a hard-faced Victorian financier, aloof from the concerns of ordinary people. Details of his expensive homes, cars and holidays abroad only reinforce the image of a minister out of touch with his voters.

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