Sky News says Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest plan to tackle the cost of living crisis later.
Browsing: cost of living
The Guardian says cabinet ministers are frustrated that a “mano a mano” standoff between Boris Johnson and Rishi Sunak is holding up measures to help people through the cost of living crisis.
A handful of millionaires attendees gathered in Davos are calling on world leaders to push tax up higher for wealthy people (like themselves) to tackle the cost of living crisis.
The Guardian says Boris Johnson hopes to blunt calls for urgent action on the cost of living crisis by stressing that work is the best route out of poverty, as an energy firm boss warned that 40% of households could soon be in fuel poverty.
The Independent says the UK is unprepared for huge food price hikes and shortages of essential goods that will be triggered by the Ukraine war, the head of a government advisory body fears.
The Guardian says consumer confidence in the UK has fallen to the lowest level since records began in 1974 amid growing concern over the cost of living crisis.
The Independent says a policing minister has rejected a suggestion from the HM chief inspector of constabulary that officers should use “discretion” when deciding whether to prosecute desperate shoppers during the cost-of-living crisis.
The Metro says Tory MPs have voted down plans to trigger an emergency budget despite the worsening cost of living crisis.
BBC Sport says ministers are facing growing calls to bring forward large increases in benefits and the state pension which will be paid from next April.
PMQs is back – after a long three-week break – and domestic issues are set to dominate the agenda.
The Metro says Tory MPs have been accused of siding with ‘profiteering oil and gas companies’ after voting down a windfall tax that Labour says could save struggling families £600 this year.
The Guardian says UK inflation soared to 9% in April – its highest level for more than 40 years – as the rising cost of gas and electricity pushed household energy bills to record levels.
A leading story in the UK this morning has been comments from the Bank of England’s governor about “apocalyptic” food prices
The Guardian says hard-up families are skipping meals, wearing coats indoors to stay warm, and living in the dark because they can’t afford to switch on the lights.
BBC News says some of the poorest households in England and Wales are struggling to access council tax rebates to help offset their soaring energy bills, a charity has warned.
There’s a variety of lead stories on the Sunday front pages but Liverpool’s FA Cup victory is celebrated on many front pages.
BBC News says Boris Johnson has demanded his cabinet comes up with a plan to cut about 90,000 civil service jobs to free up cash to tackle the cost of living.
The Metro says families face being left around £100 per month short of what they need to cover their spending as prices rise faster than incomes amid the cost of living crisis.
Sky News says Boris Johnson has promised to “grow and strengthen the economy and help ease the cost of living for families” through new measures in the Queen’s Speech.
BBC News says Boris Johnson has promised to get the country “back on track” as the government unveils its plans for the year ahead in the Queen’s Speech.
Sky News says the soaring cost of living has seen consumers “put the brakes” on their shopping habits, new figures show.
The Independent says More than two million adults in the UK have skipped meals for a whole day over the past month because they cannot afford to eat, new research on the cost of living crisis says.
The Guardian says more than 2 million adults in the UK have gone without food for a whole day over the past month because they cannot afford to eat, according to a survey revealing the “catastrophic” impact of the cost of living crisis.
BBC Business says the boss of Scottish Power has warned that millions of customers face an horrific winter unless there is a major government intervention in energy firms.
Daily Mirror says Slippery Boris Johnson is taking hard-up Britain for a ride. ‘Boris Johnson doesn’t have a clue about people’s lives – he is unfit to be PM’