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Birmingham Post
Birmingham Post
Business
Andrew Arthur

South West firms slam Chancellor's 'short-term' cost of living response

Businesses in the South West have criticised the Government’s response to the cost-of-living crisis as “knee-jerk”, “short-term” and a “sticking plaster on a gaping wound.”

Chancellor Rishi Sunak announced a package of measures on Thursday (May 26) aimed at helping firms and their customers struggling with rising utilities bills and operating costs, with inflation currently at a 40-year high.

Among the £15bn worth of support announced by Mr Sunak to MPs in the Commons, was a £400 energy bills discount for every household in the UK from October.

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