LONDON: Former Prime Minister Rishi Sunak on Tuesday promised more money to help people cope with soaring household energy bills if he is elected UK Prime Minister next month.
42-year-old contestant of Indian origin entered the final Conservatives Leader elections committed the government to “effective thrift” to finance the support, while limiting borrowing. His pledge comes as energy consulting firm Cornwall Insight released a forecast saying that household heating bills are expected to rise further this winter than previously predicted.
“I’m sure more support will be needed,” Sunak said.
“As soon as we know how much the bills will add, I will act,” he said.
The issue dominated the campaign for the two finalists, with Foreign Minister Liz . rivaling them Shoes focused on pledges to cut taxes – something the former finance minister warned would risk making high inflation even worse.
Deputy Prime Minister Dominic Raab, a key Sunak ally in the leadership race, warned that the ruling Conservatives would write a “voter suicide note” if Truss is elected to push through the cuts. her emergency budget.
“As Conservatives decide how they will vote in the coming weeks, I advise them to consider this point carefully. If we come to the country in September with an emergency budget that doesn’t meet the mandate, voters will not forgive us when they see their standard of living eroded and the financial security they enjoy. lovingly vanished before their eyes,” he wrote in ‘The Times’.
Such a defeat would be read unconsciously by the public as a suicide letter from the electorate and would see our great party sink into powerless oblivion by the opposition, he said. ” he said.
“As Conservatives, we believe in lower taxes and a smaller, cleaner state. That should always be our guide and, with Rishi Sunak as Prime Minister, that is where we will be over the course of the next decade, winning a historic fifth term in the process,” he noted. .
On the other hand, the former Cabinet Minister Sajid Javid and Truss advocates told ‘I’ that the Secretary of State has the best plan to raise living standards, even as he admits “more needs to be done” to support those on lower incomes.
Both the leadership candidates, as well as outgoing Prime Minister Boris Johnsonare under pressure over a growing cost-of-living crisis as the Bank of England warns of an impending recession.
While Johnson is honeymooning at a Slovenian resort after a wedding reception last month to celebrate his lip-locking marriages to wife Carrie, critics have warned that delaying the move Working until his successor arrives at 10 Downing Street early next month could be a disaster.
Tony Danker, director general of the Confederation of British Industry (CBI), which represents British businesses, said civil servants should “work with the candidates now” to come up with options to help those in need. vulnerable people as soon as one of them takes office.
“I don’t think the government has a responsibility to a Prime Minister, or future prime ministers, that doesn’t bring reassurance to the country,” he said.
Opposition Labor The party accused the Tory government of losing control of the economy.
“People are worried about how they’re going to pay their bills and open their weekly grocery store, and all this Tory prime minister does is shrug it off,” Prime Minister Labor Shadow said. Rachel Reeves.
“An economic crisis like this requires strong leadership and urgent action – but instead we have a Tory party that is out of control and stuck with two consecutive candidates with only can suggest many of the same things.
“Labour will start by eliminating tax breaks for oil and gas producers and providing more help to those who are struggling to pay their energy bills. Only the Lao government New action can solve this crisis and deliver the stronger, safer economy that Britain needs,” she said.
Meanwhile, Sunak and Truss continued to campaign to convince Conservative Party members to vote in their favor. Voting will close on September 2, and the new party leader will be announced on September 5.