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Liz Truss suggests response to cost of living crisis should be tax cuts as Labour renews calls for emergency budget – UK politics live

Latest updates: Ministers under pressure to unveil financial package to help cope with rising costs as Rachel Reeves says response is inadequate

  • Inflation at 9%, the highest level in more than 40 years
  • UK threat over NI Brexit deal ‘breeding mistrust in EU capitals’
  • Labour to force vote on emergency budget as inflation soars to 9%
  • Business live: latest news as inflation soars
  • Russia-Ukraine war: latest news

As my colleague Graeme Wearden writes on his business live blog, the Resolution Foundation thinktank is urging the government to help poorer families now, after calculating that those on lowest incomes are now suffering double-digit inflation, while richer households are less badly hit.

This tweet, from Jack Leslie from the Resolution Foundation, helps to illustrate the point.

Well, we are very clear that Putin and all of those who’ve been behind the appalling war crimes that are being committed in Ukraine need to be held to account, and we’re working very closely with the ICC [International Criminal Court].

We’ve sent support into Ukraine to help collect evidence, from witness statements to video evidence.

Continue reading…

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