Rishi Sunak promises more support in UK energy crisis – Times of India

London: Former Chancellor Rishi Sunki Britain pledged on Tuesday to provide more money to help people deal with rising household energy bills if elected prime minister next month.
42-year-old Indian-origin finalist conservative Party The election of leadership promised the government’s “efficiency savings” to fund support, while limiting borrowing. His pledge came as energy consultancy Cornwall Insight issued a forecast to say that home heating bills are expected to rise even higher this winter than previously predicted.
“There is no doubt in my mind that more support will be needed,” Sunak said.
“I will take action as soon as we know how many bills will go up,” he said.
Along with rival Foreign Secretary Lizzo, the issue has dominated the campaigns of the two finalists. truss Focus on promises to cut taxes – The former finance minister has warned that high inflation will risk making it worse.
Deputy Prime Minister Dominic Raab, a key eccentric ally in the leadership race, warned that the governing Conservatives would write an “election suicide note” if the truce is elected to advance their plans for an emergency tax-cut budget.
“As Conservative Party members decide how to cast their vote in the coming weeks, I urge them to consider this point carefully. If we go into the country in September with an emergency budget that fails to measure up to the task, voters will not forgive us as they see their standard of living deteriorate and financial security disappear before their eyes Is. Times’.
“Such a failure will read unintentionally to the public like an election suicide note and throw our great party into impotent oblivion of the opposition,” he said.
“As Conservatives, we believe in low taxes and a smaller, leaner state. This should always be our base and, with Rishi Sunak as Prime Minister, this is where we will be in this process during the next decade. Will win a historic fifth term in office,” he noted.
On the other hand, former cabinet minister Sajid Javido And the Truss supporter told the ‘I’ newspaper that the foreign secretary had the best plan to raise living standards, even as he acknowledged that “more needs to be done” to support low-income people. needed”.
Both the leadership candidates, as well as outgoing Prime Minister Boris johnsonThe growing living conditions are under pressure as the Bank of England warned that an economic downturn was imminent.
While Johnson is on a honeymoon at a resort in Slovenia to celebrate his lockdown wedding with wife Carrie last month, critics have warned action will be taken unless his successor is at 10 Downing Street early next month. Delay can prove disastrous.
Tony Danker, director general of the Confederation of British Industry (CBI), which represents British businesses, said civil servants should “work with candidates” to devise options to help vulnerable people, as soon as they takes a position.
“I don’t think it is a prime minister or a government responsible for reassuring the country for future prime ministers,” he said.
Opposition Labor The party accused the Tory government of losing control of the economy.
“People are worried about how they will pay their bills and shop their weekly food, and it’s all the Tory prime minister shrugging his shoulders,” said the Labor shadow chancellor. Rachel Reeves,
“An economic crisis like this requires strong leadership and immediate action – but instead we have a Tory party that has lost control and is stuck with two persistent candidates who can only offer that. .
“Labor will begin by eliminating the tax breaks on oil and gas producers and providing more support to those who are struggling to pay their energy bills. Only a Labor government can deal with this crisis and the UK a stronger, more secure economy.” Told.
Meanwhile, Sunak and Truss continued their campaign to persuade Conservative Party members to vote in their favor. Voting will close on September 2 and the new leader of the party will be announced on September 5.

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