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The Latest Breaking News from Rishi Sunak

Sunak urges banks to keep funding oil and gas firms after windfall tax

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficult

The Guardian - UK

Energy firms whinge over 'lack of investment' due to windfall tax

ENERGY companies have been complaining to Chancellor Rishi Sunak that windfall tax could damage investment in the North Sea.

The National (Scotland)

'Three quarters of households will see cost of living rise quicker than incomes'

The prediction for later this year comes from the New Economics Foundation think tank, which has made a series of recommendations to help families

Daily Mirror

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'This is your job mate': Martin Lewis dares Rishi Sunak as he reveals 'scary' mental toll cost of living crisis has had on him

The MoneySavingExpert.com founder admitted people saying he is one of the most influential people in Britain 'makes me want to vomit'

Manchester Evening News

Windfall tax could damage investment, industry warns Chancellor

It came as Rishi Sunak visited Aberdeen on Thursday.

The Independent UK

When is the autumn cost of living payment going out and who will receive it?

Thousands are starting to get the £300 payment as part of the Government scheme

Evening Standard

Sunak forced to borrow yet more as inflation soars and growth falters

Debt interest payments have surged by 70% compared with last year for the Chancellor

Evening Standard

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From pandemic solidarity to bitter enemies: how Tories turned on workers

Spirit of consensus has gone as ministers seek a scapegoat for the stagflation affecting the economy

The Guardian - UK

How to get the government’s new £650 energy bill grant

Millions of households will be eligible for the support measure to help with soaring inflation.

The Independent UK

DWP: Cost of Living first payment date confirmed plus everything you need to know about the boost

Here's what you need to know in a nutshell

Nottingham Post

Soaring inflation pushes UK borrowing to £14bn in May

Interest on debt payment leaps 70% on a year ago to £7.6bn, a monthly record

The Guardian - UK

Interest payments on government borrowing soar to May record as inflation rises

The ONS said surging levels of inflation sent interest payments on government debt to a May record of £7.6 billion.

The Independent UK

Rishi Sunak warned ‘recession is the new enemy’ as sky-high inflation hits millions

Rishi Sunak was warned on Thursday that “recession is the new enemy” as sky-high inflation hits millions of families and many businesses.

Evening Standard

Sunak to meet oil and gas bosses in windfall tax charm offensive

Companies argue that the levy will damage investment into domestic green energy sources

The Guardian - UK

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Insider UK

Chancellor visits Aberdeen to appease oil and gas executives

Rishi Sunak is set to hear from both staff and bosses at North Sea energy companies

The Independent UK

Chancellor to meet oil and gas industry leaders in Aberdeen

Rishi Sunak will host a roundtable with representatives from the sector on Thursday.

The National (Scotland)

Rishi Sunak faces hostile reception at oil and gas summit in Aberdeen

EMBATTLED Chancellor Rishi Sunak is expected to host a meeting with oil and gas chiefs in Aberdeen on Thursday after announcing a raid on their…

The Independent UK

Government claims Rishi Sunak’s £1.9 billion subsidy for fossil fuels is ‘not technically a subsidy’

Government pledged to phase out fossil fuel subsidies at its own COP26 conference in Glasgow just months ago

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The Guardian - UK

Former Tory minister calls 10% rise in state pension ‘ludicrous’

Jim O’Neill scathing about decision to help pensioners while forcing real-terms pay cuts on public sector workers

Daily Record

Rishi Sunak urged to slash VAT to help families struggling due to record high inflation

Scottish Liberal Democrat Treasury spokesperson and MP for Edinburgh West Christine Jardine urged the Chancellor to do more to help struggling families.

Chronicle Live

See how much extra money you'll get after National Insurance tax cut from July 6

The threshold at which people start paying National Insurance will increase, which means less of your income will be subject to National Insurance

Bristol Post

National Insurance tax cut from July 6 - use government tool to work out how much extra pay you'll get

Lower paid workers could save £330 over the course of a year

Manchester Evening News

Inflation rises again to new 40-year high of 9.1 per cent

The cost of raw materials, said analysts, rose to its fastest rate on record

Evening Standard

Asda says some shoppers setting £30 limit at till amid cost-of-living crisis

The boss of supermarket chain Asda has called on ministers to do more to help ease the cost of living crisis as he revealed some shoppers at his stores are now asking checkout operators to limit their spending to £30.

Evening Standard

Inflation at new 40 year high of 9.1% - economy on ‘knife edge’

UK in clear danger of falling into recession

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The Latest Breaking News from ​​Rishi Sunak

The Latest Breaking News from Rishi Sunak