Tory MPs have chosen to dodge tackling Britain's cost of living crisis with an emergency budget after rejecting the amendment in the House of Commons.
The Conservative MPs voted to reject the proposal, put forward by the Labour Party, which would add an amendment to the Queen's Speech to trigger an emergency budget - defeating the proposal by 312 to 229. Sky-rocketing bills and inflation is causing a major shortfall in cash for the average household, with Andrew Bailey, Governor of the Bank of England, warning that Brits face an "apocalyptic" rise in food prices in the months ahead, with inflation set to top 10 per cent by the end of the year, the Mirror reports.
In response to the rejection, Shadow Chancellor Rachel Reeves branded Conservative ministers "out of touch" and "out of ideas" in the Commons. Labour and other opposition parties have demanded immediate action from the government, including backing a windfall tax on North Sea oil and gas giants to help people with their fuel bills.
