Partygate: Government ready to announce billion-pound cost of living package as Sue Gray report expected | Political news
Rishi Sunak will of course announce a financial package worth billions of pounds to support the cost of living on Thursday, just a day after Sue Grey’s much-anticipated report, Sky News understands.
Prime Minister is meeting with Prime Minister Boris Johnson tomorrow to sign the package, which could include a new wind tax, help with fuel bills and support for the most vulnerable.
Mr Johnson is reportedly keen to be able to announce a substantial spending package before MPs disappear at recess after Thursday.
Before that, it was scheduled for early June, after The Queen’s Platinum Year.
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The Prime Minister is understood to be hoping this will ease some of the sting of Ms Grey’s lawsuit report, due on Wednesday.
This will lead to major accusations that he is using the spending announcement as a “dead cat” to distract the country and his MPs from criticism, but the government will argue that Inflation and growth forecasts make it unwise to delay.
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The package is understood to have not yet been agreed. Any disagreements between Mr Johnson and Mr Sunak over the content can still be delayed.
Mr Sunak told the CBI to prioritize the most vulnerable, but Mr Johnson would be interested in doing everything he could to appease his supporters, who have made claims of billions of pounds for every person. everything from increasing profits to cutting VAT.
Two weeks ago, Sky News was told that there would not be enough information on possible fall energy costs to make a judgment before July.
However, Today Ofgem chief executive Jonathan Brearley announced the UK energy price cap is expected to increase in October to around £2,800, an increase of £830.
