The Cabinet will today be asked to come up with ideas to help ease the cost-of-living crisis - three weeks after families were slapped with higher energy bills, a national insurance rise and council tax increases.
Boris Johnson will call on ministers to offer practical plans to support households.
The move comes just a month after Chancellor Rishi Sunak ’s Spring Statement was widely slammed for failing to do more to help struggling families.
Inflation is running at 6.2%, the energy price cap soared by £693 to £1,971 a year and national insurance climbed by 1.25%.
Experts believe the country is mired in the worst cost-of-living crisis for nearly half a century.
The Prime Minister said tonight: “With household bills and living costs rising in the face of global challenges, easing the burden on the British people and growing our economy must be a team effort across Cabinet.
“We have a strong package of financial support on offer, worth £22billion, and it’s up to all of us to make sure that help is reaching the hardest-hit and hard-working families across the country.
“We will continue to do all we can to support people without letting Government spending and debt spiral, whilst continuing to help Brits to find good jobs and earn more, no matter where they live.”
No10 said the PM “will rally ministers behind the Government’s collective duty to grow the economy and do everything possible to continue to help the British people with rising living costs”.
But in a warning there is likely to be little extra cash available, Downing Street said Mr Johnson will ask for solutions “without solely relying on new government spend”.
It added: “High levels of public debt following the unprecedented support provided during the pandemic, together with rising inflation and interest rates, mean we must maintain control of the public finances rather than burden future generations with higher debt.”
Instead, families are set to be told of existing schemes in a bid to bolster take-up.
No10 estimated about 1.3 million families miss out on tax-free childcare, while 850,000 eligible households do not claim Pension Credit.
