The Government must have “all hands to the pump” to address the cost-of-living crisis ahead of the autumn, business leaders have warned. Tony Danker, director general of the Confederation of British Industry (CBI), joined former prime minister Gordon Brown’s call for swift intervention to address rising energy costs.
But Downing Street said Boris Johnson had no plans to introduce major new fiscal measures before the end of his premiership. Mr Danker said: “The economic situation people and businesses are facing requires all hands to the pump this summer.
“We simply cannot afford a summer of Government inactivity while the leadership contest plays out followed by a slow start from a new prime minister and cabinet. The Prime Minister and Chancellor should be taking the next few weeks to grip the emerging crisis and the planning required to tackle it. This will also give their successor – whomever that may be – the very best chance of getting quickly out of the blocks.”
