Prime Minister Boris Johnson will task his Cabinet with tackling the growing cost-of-living crisis calling for them to "double down" on exploring "innovative" solutions. The Prime Minister is keen to ease the pressure on household finances without just relying on new Government spending according to Downing Street.
When Cabinet meets today (April 26), the PM will call on colleagues to promote existing support measures and help people into high-quality and well-paid work. No 10 said in a statement that the Government was renewing efforts to raise awareness of the “strong package” of assistance already on offer, from which it said thousands may be missing out.
“High levels of public debt following the unprecedented support provided during the Covid-19 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,” it said. It added Cabinet was also clear that “private companies must play their part”.
