Boris Johnson’s government will set out fresh support for Britons struggling with a record squeeze on living standards on Thursday, seeking to move on from a damning report into illegal parties in Downing Street and confront a cost-of-living crisis that may eventually prove more threatening to his political future.
Chancellor of the Exchequer Rishi Sunak will reveal a comprehensive response to help households facing soaring bills, a Conservative Party official said, speaking on condition of anonymity. Sunak’s offer, which will be partly funded by a windfall tax on the profits of oil and gas companies, won’t be a one-off and there is more support in the works, the person said. The Treasury declined to comment on Sunak’s expected announcement.
