Brits earning £45,000 a year could still find it difficult to cope with the spiralling cost of living this winter, the Chancellor has now admitted.
While there has been alarm over the impact of rising energy prices for the poorer in society, the struggle is set set to be far more reaching said Nadhim Zahawi with it likely to be "really hard" for middle-earners.
The energy price cap is set to rise by 80% by October, pushing the average household's yearly bill up from £1,971 to £3,549 and industry regulator Ofgem warned the Government it must act urgently to "match the scale of the crisis we have before us".
