Boris Johnson to stress work as the fix for cost of living crisis

Ministers remain unable to decide on ways to help as energy firm boss warns soon 40% could be in fuel poverty

Boris Johnson hopes to blunt calls for urgent action on the cost of living crisis by stressing that work is the best route out of poverty, as an energy firm boss warned that 40% of households could soon be in fuel poverty.

No 10 sources confirmed on Sunday that the prime minister will continue to throw the spotlight on the healthy state of the job market, in the face of the rising clamour to help families struggling with their bills.

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UK should expect high fuel bills for at least 18 months, E.ON boss says

Michael Lewis calls for substanstial government intervention to help people deal with costs

Consumers will have to cope with extraordinarily high fuel bills for at least another 18 months, the boss of Britain’s biggest energy supplier has said.

Michael Lewis, the chief executive of E.ON UK, called for “very substantial” government intervention to help people with escalating fuel bills, one of the biggest factors in the cost-of-living crisis.

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Millionaires join Davos protests, demanding ‘tax us now’

Group call for fresh taxation of wealthy to tackle cost of living crisis and gulf between rich and poor

A group of millionaires have joined protests against the World Economic Forum gathering of the business and political elite in Davos, Switzerland, demanding that governments “tax us now” to tackle the burgeoning gulf between rich and poor.

The unlikely protesters, who describe themselves as “patriotic millionaires”, called on world leaders attending the annual conference on Sunday to immediately introduce fresh taxes on the wealthy in order to tackle the “cost of living scandal playing out in multiple nations around the world”.

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Iain Duncan Smith calls for benefits to rise in line with inflation

Tory MP says immediate increase in universal credit would provide ‘shield’ against cost of living crisis

The former Conservative leader Sir Iain Duncan Smith has called for benefits to be immediately brought in line with inflation to provide a “shield” against the sting of mounting living costs.

He said rebates and discretionary funds represented “a step in the wrong direction for tackling poverty”, arguing it would be better to uplift universal credit (UC) as it “links benefits to work”.

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‘We’ve been inundated’: UK housing market frenzy shows no signs of slowing

Buyers face bidding wars to snare homes despite soaring inflation, cost of living crisis and fears of property crash

It took less than a week to sell a two-bedroom garden flat in north London, with a guide price of £950,000. Featuring a large patio, garden, oak floorboards and underfloor heating, it is in a mixed area on the outskirts of Islington and Camden.

“We’ve been inundated with people wanting to see it,” says Andrew Groocock, a regional partner at the estate agents Knight Frank, which helped organise 23 viewings. “It ticks the boxes of exactly what’s hot in the market at the moment. It’s still an incredibly buoyant market. The last two years have been remarkable.”

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Partygate live: Sue Gray report due next week after police end investigation with 126 fines

Met police close inquiry with Downing Street yet to confirm whether Boris Johnson has received new fine

Dorries says Channel 4 is dependent on one stream of revenue - advertising.

But this revenue is going down, she says. And she says advertisers have more choice.

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Helping cash-strapped Britons won’t add to inflation, says CBI

Chief of business association calls for stimulus that aids ‘hardest hit’ with rising food and fuel bills

Tackling rising food and fuel bills will not add to inflation and people who are “the hardest hit” need help now, the head of the UK’s biggest business association has warned.

Official figures published on Wednesday revealed UK inflation soared to 9% in April – its highest level for more than 40 years – as the rising cost of gas and electricity pushed household energy bills to record levels.

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Boris Johnson ‘choosing to let people struggle’ with cost of living says Keir Starmer – as it happened

This live blog is now closed. You can find our latest cost of living stories below:

Anne-Marie Trevelyan, the international trade secretary, has warned that inflation will experience a further “bump” before prices are likely to stabilise.

In a Q&A after delivering a speech on green trade at Bloomberg’s HQ in London, she said countries around the world were facing a “a global battle against inflation”. She went on:

This is something we have to tackle across the board.

And the worry we always have is that inflation tends to have two bumps to it.

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UK pub chains warn of price rises due to increase in food and fuel costs

Marston’s phases out ‘two-for-one’ meal offer while Mitchells & Butlers increases prices to cope with rising costs of utilities, wages and food

Two of Britain’s largest pub groups have warned that punters may have to pay more for a meal and see fewer discounts on the menu as they struggle to absorb rising energy and food costs.

The pub and restaurant group Mitchells & Butlers, which runs pub chains including O’Neill’s and restaurant brands such as Harvester, said it was facing a difficult trading environment. Its rival Marston’s said it was working to mitigate inflationary rises through a combination of cost-cutting and “pricing strategies”.

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Officers should use discretion over stealing to eat, says police watchdog

New chief inspector of constabulary says crimes of poverty should be ‘dealt with in the best way possible’

The cost of living crisis will trigger an increase in crime and officers should use their “discretion” when deciding whether to prosecute people who steal in order to eat, the new chief inspector of constabulary has said.

“The impact of poverty, and the impact of lack of opportunity for people, does lead to an increase in crime. There’s no two ways about that,” Andy Cooke said as inflation hit a 40-year high of 9%.

Every burglary victim should get a visit from the police.

Forces may be marked down by the inspectorate if they fail to do so.

The charging rate should more than treble, from the current 6% to at least 20%.

The criminal justice system is failing victims of rape.

Policing is still recovering from cuts inflicted by Conservative-led governments from 2010.

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Rishi Sunak faces Tory clamour to act now on cost of living crisis

Conservative MPs to urge chancellor to tackle inflation with VAT cuts, energy bill support and improved benefits

Tory MPs are piling pressure on Rishi Sunak to take decisive action to deal with the cost of living crisis with measures such as cutting VAT, increasing energy bill support and raising benefits, as inflation is forecast to top 9% on Wednesday.

A string of Conservatives from across different wings of the party called on the chancellor to intervene within weeks, amid dire economic predictions about the squeeze on households.

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‘The cost has become astronomical’: UK schools struggle with rising food prices

Heads reluctant to increase burden on families already caught in cost of living crisis

At St Jude’s, a small Church of England primary school in south London, the morning breakfast club is exceptionally busy. Over the past six weeks the number of pupils coming in to have porridge, scrambled egg and fruit smoothies before the school day begins has climbed from eight to 22 – nearly a quarter of the Southwark school’s population.

Families hit by the cost of living crisis are increasingly desperate, says the acting deputy head, Matt Jones. They need help with their debts; they can’t pay their bills. Staff are making more and more referrals to StepChange, a debt charity, and the school has made discretionary payments to help families unable to afford gas, electricity or nappies.

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Ukraine farming group calls for urgent end to ports blockade

Group warns of ‘cascade of export bans’ amid failure to ease grain bottlenecks fuelling shortages and inflation, MHP said

One of Ukraine’s largest farming groups has called for an urgent solution to unblock the country’s Black Sea ports as exports of grain, sunflower and rapeseed are being held up by the Russian naval blockade, driving inflation and shortages around the world.

G7 ministers have held urgent talks about trying to open routes through Romanian and Baltic ports, potentially fed with an army of 10,000 trucks making a five-day trip from Ukraine.

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EU to use ‘all measures at its disposal’ if UK abandons parts of Northern Ireland protocol – UK politics live

Latest updates: Maroš Šefčovič responds to Truss, saying EU keen to reach a settlement but stresses UK actions raise ‘significant concerns’

In the Commons the government chief whip, Chris Heaton-Harris, has just moved the writ for two forthcoming byelections - in Wakefield, and in Tiverton and Honiton.

Both byelections are expected to be held on Thursday 23 June - the sixth anniversary of the Brexit referendum.

Under pressure from some Conservative MPs, some of whom have been threatening to write letters of no confidence in Boris Johnson unless they get their way, ministers have retreated from banning “Buy One Get One Free” deals and from imposing a watershed of 9pm on junk food advertising. While some measures, such as rules on the positioning of unhealthy foods by retailers, will still go ahead in October, this U-turn adds to the long history of failed obesity strategies.

Humans evolved, when food was scarce, to indulge in calorie-dense foods if the opportunity arose. Now, the abundance of food and its particularly highly processed nature, which means we go on eating for a long time before feeling full, leads us to eat a lot of the wrong things. Food companies have an overwhelming incentive to design products that lead us ever further down this chemically induced addiction to foods that make us overweight, more prone to disease, and less able to work and enjoy life to the full. This is not freedom ...

Freedom is, most crucially, being free from oppression, violence or discrimination. But it is also the freedom of a child to skip and somersault; of an adult to enjoy running down a country lane or in a city park; of an old person to keep their quality of life until their final days ... These are the freedoms being denied to vast numbers of people who are the victims, not the free agents, in a system that wants to fill them up with salt, sugar and saturated fat.

It is therefore a terrible error to associate conservatism with a reluctance to protect people from their natural appetites being abused, in an industrial age for which they were not designed. If we could liberate more people from that fate, they could enjoy greater personal freedom and have some chance of a lighter tax burden.

MPs who have pressed, seemingly successfully, for the dilution of the obesity strategy are profoundly mistaken. They are acquiescing in a future of higher dependence, greater costs, reduced lifestyle choice and endless pain. For the government to give in to them is intellectually shallow, politically weak and morally reprehensible.

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‘Apocalyptic’ food prices will be disastrous for world’s poor, says Bank governor

Bank of England’s Andrew Bailey blames UK’s highest inflation rate for three decades on Russia-Ukraine war

The Bank of England governor has blamed the war in Ukraine for the highest inflation in the UK for three decades and warned that “apocalyptic” food prices caused by Russia’s invasion could have a disastrous impact on the world’s poor.

Giving evidence to MPs, Andrew Bailey said while he was unhappy about the level of price rises, 80% of the inflation overshoot was caused by factors outside the Bank’s control.

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Watchdog urged to step in as UK’s poorest turn off energy supply

Spate of self-disconnections reflects rising costs, punitive debt collection and disproportionately high charges, says charity

A food bank charity has called for the energy watchdog to intervene after a spate of reports of penniless families self-disconnecting from their gas and electricity, leaving them unable to wash clothes, use cookers or even switch on lights.

Feeding Britain said people on low incomes who used prepayment energy meters were increasingly being pushed into destitution by rising costs, punitive debt collection rules and disproportionately high standing charges.

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Older UK renters forced to cut back on spending as living costs soar

Exclusive: Many tenants aged over 65 are already struggling, Independent Age research finds

Almost two-thirds of tenants over 65 have cut back on their general spending as a result of the cost of living crisis, and campaigners are warning that older people who do not own their homes are particularly vulnerable to rising bills.

Research shared with Guardian Money by the charity Independent Age puts the spotlight on the struggles of older tenants who are battling to keep up with rising household costs.

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Rishi Sunak: windfall tax an option if oil firms fail to invest in UK

Chancellor says he is ‘pragmatic’ about introducing a levy on energy companies to ease cost of living crisis

Rishi Sunak has insisted he is “pragmatic” about the idea of a windfall tax on energy companies, claiming “no options are off the table” in the clearest sign yet that the government is planning measures to tackle the cost of living crisis.

Labour has been calling for a windfall tax on oil firms, which have benefited from rocketing global prices, with the shadow chancellor, Rachel Reeves, suggesting the proceeds be used to cut domestic energy bills.

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Boris Johnson says windfall tax ‘not the right thing’ but refuses to rule out U-turn

The prime minister claimed ‘these kinds of taxes’ deterred investment, contrary to BP boss saying it would not

Boris Johnson has refused to rule out the introduction of a windfall tax which would help to relieve pressure on the cost of living crisis.

Speaking to LBC’s Nick Ferrari, Johnson said that while he believed a disadvantage of windfall tax would be the impact it would have on investment, the prospect of such a taxwas still something to be looked at.

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John Lewis boss calls for Covid-style cost of living aid package

Dame Sharon White follows Tesco chief in urging UK government to help with rising energy and grocery bills

The boss of John Lewis has urged the governmentto intervene with a financial package of support to protect families from the cost of living crisis on the same scale as it did to help the nation deal with the Covid pandemic.

Dame Sharon White, a former second permanent secretary at the Treasury, said the government needed to act urgently as families struggle to pay utility and food costs as energy bills and inflation soars.

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