‘No imminent help for families’
RISHI SUNAK and his Treasury ministers have suggested new measures to help ease cost-of-living pressures are being developed but will not be introduced imminently.
Chief Secretary to the Treasury Simon Clarke said the Chancellor will bring forward a programme of measures at a time when they will “make the right difference in a targeted way”.
Mr Sunak later said he “stands ready to do more” but said this is part of a “broader plan”.
The Office for National statistics recorded inflation at 7% in March and today it is expected to unveil a figure of 8% for April.
The Bank of England has said inflation is likely to peak at 10.25% during the final quarter of 2022.