Tory ministers are under increasing scrutiny over the looming cost of living crisis threatening to drive down living standards.
With another hike in energy prices just months away and set to coincide with an increase in taxes, criticism over the government’s handling of the problem is coming from within Conservative party ranks.
That includes three former Tory ministers demanding Boris Johnson take immediate action. Esther McVey, former work and pensions secretary, said the crisis would cause “huge difficulties for countless families” across the country and urged the government to protect household budgets from the “excessive price rises”.
From just £3 per week
The cost of living crisis and unaffordable energy bills will be “the big political issue for 2022,” she added, urging Chancellor Rishi Sunak to scrap the national insurance increase.
Average fuel bills could hit £2,000 per year within months, economists have warned. The UK energy sector is in chaos after a 500 per cent increase in global wholesale gas prices in 2021, causing more than 20 providers to fold and bills to soar despite the energy price cap.
Around six million people could be forced to choose between heating their homes, keeping the lights on, buying food or affording clothes for their children when the price cap rises again in April, fuel poverty campaigners warned.