Skip to Content

Britain vows to help families facing cost-of-living crisis

<i></i><br/>
KMIZ

By DANICA KIRKA
Associated Press

LONDON (AP) — Britain’s Treasury chief is pledging to respond to Russia’s war in Ukraine and a cost-of-living crisis hitting working families when he delivers his spring budget statement Wednesday. Rishi Sunak didn’t offer details on specific policy proposals but said Britain would continue its “unwavering” support for Ukraine and seek to strengthen the domestic economy to counter the threat posed by Russia. Sunak has come under increasing pressure to announce further measures to help consumers. Utility bills are set to rise by more than 50% in April, on top of a planned income tax increase and inflation that increased to a 30-year high on Wednesday.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content