Rishi Sunak isn’t planning fresh measures to help Britons cope with rising energy bills, even as calls grow from within his own Conservative Party for the U.K. Treasury to take further action to tackle a cost-of-living crisis that’s been exacerbated by Russia’s invasion of Ukraine.
Britain’s finance minister plans to stick with a 9 billion-pound ($11.8 billion) package of support for domestic consumers unveiled in February, according to a person familiar with the matter, who spoke on condition of anonymity about internal discussions. That’s because rising prices as a result of the war in Ukraine won’t affect the level of a new energy price cap that starts next month, they said.