British Prime Minister Boris Johnson promises more help for families suffering from rising prices and bills after being criticized for government budget updates not progressing enough to protect living standards Did.
“I think living expenses are the biggest problem we have to fix. We’ll fix it,” Johnson told LBC Radio on Thursday.
In his semi-annual budget update on Wednesday, Exchequer Prime Minister Rishi Sunak said he would cut fuel taxes by 5 pence per liter ($ 0.25 per gallon) over the next 12 months.
He said he would raise the bar for citizens to start paying national premiums in July, reducing the main income tax rate from 20% in 2024, when the UK is scheduled to hold its next national election, to 19%.
“We have made great efforts to deal with the rising cost of living,” Johnson said, but added that “as we move forward, we need to do more.”
Later, after landing in Brussels to attend the NATO summit, he told reporters that supply chain pressure and “global inflationary pressure” caused by Russia’s invasion of Ukraine were problematic. Said that it is causing.
“It will continue to be tough and choppy, but we will overcome it and take care of people throughout,” he said.
Comments came after snacks were criticized in his spring statement for not doing enough to mitigate the cost of living crisis.
Budget Responsibility Chairman Richard Hughes said people are still facing an “unprecedented” standard of living, despite the measures announced by Snacks.
He told BBC Radio 4 that the measure offset “about one-third of the overall impact on living standards” but “an unprecedented decline in people’s living standards over the next 12 months.” Told.
Sir Callan Billimoria, chairman of the Confederation of British Industry (CBI), said the income tax cut announced by Snacks is needed now, not two years later.
“It’s not the time to bear the highest tax burden in 70 years,” he said. “We are confident that we have big problems with our business.”
Downing Street said the minister was ready to provide more support to households as needed.
An official spokesman for the Prime Minister said: As the Prime Minister said earlier, we are there to help the general public when needed, as we have always done. “
“These are unprecedented times after the pandemic and war in Europe,” he said.
PA Media contributed to this report.
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