Chancellor admits his proposals are not ‘universally popular’ but says he ‘had to do something different’
UK householders are poised to set fire to their utility bills later, in a wave of cost of living protests timed to coincide with the jump in gas and electricity unit prices that will cause bills to soar.
In what organisers forecast will be the largest nationwide protests against an economic crunch, which got worse this week with money market chaos and mortgage rate rises looming, dozens of rallies will be staged from Plymouth to Aberdeen, while postal and railway workers also strike.
For too long we have been stuck debating how to divide up the economic pie, rather than grow the pie so everyone has a bigger slice.
The status quo is not working. For too long we have been held back by low growth and high taxes. We need to get things done in this country more quickly.
I recognise there has been disruption but it was really, really important we were able to get help to families as soon as possible.
What is important to me is that we get Britain’s economy back on track, that we keep taxes low, that we encourage investment into our country and that we get through these difficult times.
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