The former minister said Mr Sunak and the Finance Ministry team had “no strategy” to deal with the growing cost-of-life crisis, following the chancellor’s spring statement which was strongly criticized. “What you are seeing is a title-based Spring Statement. “My view of the Treasury Department’s economic strategy is that it does not exist,” Davis told LBC on Sunday. Senior Buckner added: “The chancellor said: ‘I can not solve everything.’ In fact, what the chancellor is doing is making things worse. “ Mr Davis said “many” of his fellow Tory MPs felt the same way. “The truth is that many of them will have problems with the repulsion of their own voters. [on the cost of living]. » Senior Tories said the extra government borrowing during the Covid pandemic should be seen as a “war loan” – arguing that the chancellor should look to balance the books in the long run. In the midst of a growing backlash over his statement in the spring, Mr Sunak is reportedly weighing in on a further multi-billion pound tax bill on the city council, as No. 10 made his “panic” clear about cost of living. “We have already considered this and concluded that the municipal tax is the best way to do it,” a finance ministry source told the Sunday Times. “You have an existing mechanism … It would make sense to do it like this again.” Education Secretary Nadhim Zahawi has hinted that Mr Sunak is planning further help with living expenses in the coming months. “I think he will continue to watch this, it’s very right,” he told Sky News’ Sophy Ridge on Sunday. He added: “It is irresponsible for me to say ‘work done’ because energy prices are volatile, inflation remains high, so it would be completely irresponsible to say ‘work done’. Opposition parties have stated they will not run in the by-elections, saying “a fraud of 1.3 million eligible families could mean the loss of the previously announced 150 150 discount.” They pointed to the Office of Budget Responsibility (OBR) forecast that 20 percent of those who do not pay their city tax directly will not receive the rebate – possibly saving the government 195 195 million. Local authorities have warned that they have not been given the extra resources to hand over the rebate to those who do not pay by standing order – leading to fears that some of the poorest and most vulnerable will not receive the tax cut. Liberal Democrat leader Sir Ed Davey said: “It is shocking that more than a million families are going to lose their lives because of the conservative plans of this conservative government.” Rishi Sunak is confronted by a mother who cannot afford to heat her house Sir Ed added: “Rishi Sunak must confirm that whoever loses the discount will receive the λι 150 check on the suspension. “No one should be left without the help they need because of the incompetence of this conservative government.” Boris Johnson and his team are said to be “panicking” over the impact of rising food and energy bills ahead of the May local elections. Downing Street’s expert advisers have reportedly seen private polls showing that the cost of living is now the number one public concern for the British public – surpassing the NHS and healthcare. Vicky Price, the former head of the government’s Treasury Department, said there was “huge tension” between No. 10 and the Treasury Department over how to manage the cost-of-living crisis. He told the LBC on Sunday that despite calls for more help, the chancellor “would like to be seen as someone who is restoring finances to some kind of normalcy”. Labor called Mr Chancellor “Mr Tax” on Sunday, accusing him of “acting in his own interest” and not that of the British people. The shadow jobs and pensions secretary, Jon Ashworth, gave him the nickname, warning that retirees had “cut back on hot meals” and “given up hot showers” as they could not afford them. Working analysis of Office of Budget Responsibility data found that average households would be affected by £ 3,000 increases by 2026/27. Mr Ashworth told Sophy Ridge’s Sky News on Sunday: “Rishi Sunak certainly had more room for maneuver in this spring statement and the mini-budget, but instead of acting in the best interests of the British people, he was playing games. “He acted in his own interest because he believes that by offering a reduction in income tax in two years, it will help him politically with the Conservative MPs, if there is a leadership contest or that fits the Tory electoral grid.” The government will increase benefits by 3.1 per cent in April – although inflation is expected to average around 8 per cent year-on-year. Mr Ashworth said it was tantamount to “a very serious cut in real terms”. Labor also reported that the analysis showed that hard-working retirees were facing the biggest cut in the state pension in half a century with real losses of up to 7 427 next year.
