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Rishi Sunak insists £15bn cost-of-living package will have ‘minimal’ impact on inflation

Rishi Sunak has insisted his £15bn cost-of-living support package will have only a “minimal” impact on inflation, raising prices by less than 1 per cent.

The chancellor denied backbench Tory complaints that his measures – which also included a £5bn windfall tax on energy companies – were un-Conservative.

Leading economic thinktank the Institute for Fiscal Studies today said that the package set out on Thursday was “something that Gordon Brown could be proud of”.


Source: UK Politics - www.independent.co.uk


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