His pledge that he “stands ready to take further action” comes as expectations mount that more measures are on the way to support families wrestling with soaring inflation and energy bills.
Exclusive polling by Techne shows 83 per cent of people want Boris Johnson to appoint a cost of living minister. That figure rises to 90 per cent of those aged over 64.
In the latest step to combat mounting costs, the Government announ ced prescription charges will be frozen for the first time in a decade.
Pressure is building in the Tory Party for bold measures to address the crisis.
Mr Sunak stated: “The global challenges we’re facing are constantly changing.”
But he added: “Be reassured, I’m alive to the problems people are facing and looking to do everything in my power to help where I can.”
A Tory backbencher said they expected an “emergency Budget in all but name” is on the way. Meanwhile, a debate on Tuesday will be watched for signals that help is imminent.
Caroline Abrahams, of Age UK, said the prospect of further price rises is now “terrifying” for older people. She warned of the danger of “deep hardship like nothing we’ve seen for many years”.
She is calling for the Government to urgently increase benefits and the state pension in line with inflation.
The Chancellor is understood to have organised a series of “round tables” with backbenchers. In the past, he has held similar meetings in advance of major financial statements. One MP said that Downing Street is particularly “receptive” to the views of Tory MPs at the moment.
This story is from the May 15, 2022 edition of Sunday Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 15, 2022 edition of Sunday Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Laird lords it over Exeter with Blues unbeaten in ten
BIRMINGHAM consolidated top spot in League One with a 1-0 win over EXETER at St Andrew's.
Burgess bangs drum for rock star players
WARRINGTON boss Sam Burgess reckons Super League can make \"rock stars\" of its players - but work needs to be done.
James to the fore
ENZO MARESCA says Reece James is improving as a leader after admitting earlier in the season that he expected more from Chelsea's captain.
Fans in uproar is harsh reality check for Ruud
LEICESTER’S boss faced a Ruud awakening with the Cottagers sparking uproar at the King Power Stadium.
Firms face ban on using NDAs to hush-up harassment claims
LABOUR is set to add a ban on UK employers using non-disclosure agreements (NDAs) to hush up harassment claims as part of its overhaul of workers' entitlements.
Peak papaya as UK gets a taste for the exotic
PAPAYA has become the most in-demand fruit in the UK, supermarkets say, with sales rocketing by nearly 160% in just a year.
DE LIGT: I'M ON ANOTHER PLANET NOW
MATTHIJS DE LIGT has played for the biggest clubs in Holland, Italy and Germany - but the Dutchman reckons Manchester United are on a different planet.
Gadget provides egg's eye view of nesting visitors
NATURE lovers have been swooping on a former teacher's \"smart\" bird box that allows them to film their feathered friends Spring-watch-style at home.
Cole's a talisman but he can't do it alone, says Petit
CHELSEA'S misfiring stars need to follow the lead of \"talisman\" Cole Palmer and stand up and be counted.
Seabrook hat-trick seals win
A SENSATIONAL treble by Tom Seabrook saw Northampton Saints clinch a thrilling 34-32 victory over Munster in the Investec Champions Cup.