Good morning. Bills are mounting, wages are falling in real terms and inflation has hit a 40-year high. Under pressure from the opposition, his own MPs and the public – and in the middle of a terrible week for the government – Rishi Sunak has announced a significant financial package to help alleviate some of the pressure.
The measures have been met with a sigh of relief from just about everyone, but there are concerns that they still don’t go far enough – not to mention worries about the environmental impact of a tax break for companies if they invest in fossil fuel extraction.
