Truss rejects ‘Gordon Brown economics’ as Tory leadership candidates address cost of living.

Rishi Sunak said tax cuts proposed by his Tory leadership rival Liz Truss will not help vulnerable pensioners who will struggle to pay for heating this winter.

At hustings in Darlington, former chancellor Mr Sunak said he could offer hundreds of pounds extra for the “most vulnerable” people to pay their energy bills – in addition to support already pledged.

In a swipe at Ms Truss’ plans, he said tax cuts are “not much alone” for people living off pensions, adding that it was “wrong” for her to “rule out direct support”.

It comes after analysts warned that energy bills could exceed £4,200 in the new year as a result of Ofgem planning to lift the price cap once again, after a move to lift it to £3,582 in October.

Mr Sunak and foreign secretary Ms Truss – who are vying to succeed Boris Johnson as PM – have faced calls to spell out how they would ease the crisis at the event attended by Tory members.

Mr Sunak said he has “no doubt” extra support will be needed to get people through the winter, and he is “confident” he can find the money from government “efficiency savings”.

Continue reading
Families to get ‘a few hundred pounds more’ this winter to help with bills under Rishi Sunak’s plan
www.thesun.co.uk/money/19462228/rishi-to-give-brits-a-few-hundreds-pounds-more/

As cost of living crisis hits – here’s all the financial support you could get this winter
www.thesun.co.uk/money/19454842/cost-of-living-crisis-truss-sunak/

Liz Truss brands Rishi Sunak a doom-monger as they clash over cost-of-living crisis
www.thesun.co.uk/news/19465617/liz-truss-rishi-sunak-cost-of-living/
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