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Rishi Sunak accused of not doing enough for poores
03/25/22 at 05:33:21
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Rishi Sunak accused of not doing enough for poorest households





Rishi Sunak has been accused of not doing enough to help the poorest as the cost of food and energy increases at its fastest rate for 30 years.

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The Resolution Foundation and Institute for Fiscal Studies think tanks said he could have done more to protect those hit hardest by rising costs.

Planned increases in benefits will be much smaller than the rise in the cost of living this year.

Mr Sunak said tax cuts this year would help those on low wages the most.

He said his plans to raise the point at which workers start paying National Insurance would particularly help people on low and middle incomes.

And he said it was impossible for him to "fully compensate" people for spiralling energy costs, a challenge the UK was "not alone" in facing.

Prime Minister Boris Johnson also hinted more help for people struggling was on its way in the coming months.

"The cost of living is the single biggest thing we're having to fix, and we will fix it," the prime minister told LBC Radio, adding: "As we go forward, we need to do more".

Mr Sunak sought to address the rising cost of living in his Spring Statement on Wednesday, cutting 5p from fuel duty and taking some of the sting out of April's National Insurance (NI) rise by raising the point at which workers have to start paying it from £9,600 to £12,570 from July.

But he has faced calls from opposition MPs to do more to help people now, as inflation is predicted to hit more than 8% by end of the year and UK living standards are predicted by the Office for Budget Responsibility to fall faster than at any time since the 1950s.
  
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