Chancellor’s mini-budget attacked as insufficient to tackle cost of living, but he says it ‘will make a difference’
Rishi Sunak has said more financial support could be announced later this year to tackle spiralling energy bills but stressed he could not solve “every problem”, after criticism of the mini-budget designed to tackle the cost of living crisis.
In a terse defence of the measures revealed on Wednesday, which critics said would fail to stem the biggest fall in living standards on record, the chancellor insisted that a 5p cut to fuel duty, a rise in the national insurance threshold and the promise of an income tax cut in two years’ time “will make a difference”.
