Inflation hits all-time record high as cost-of-living crisis surges

Chancellor Rishi Sunak recently announced a £15 billion package of further financial support for millions of households across the UK finding it increasingly more difficult to make their incomes stretch to cover the rising cost of living.

Martin Lewis has warned that thousands of people across the UK could miss out on the new cost of living payment.The Chancellor of the Exchequer, Rishi Sunak, recently revealed plans to give every UK household £400 in order to help with rising costs, while those on the lowest incomes will receive £650.The MoneySavingExpert founder, 49, conducted a live interview with the Chancellor, where he challenged him about the new plans, as it was revealed that people who receive certain benefits will miss out on the new financial support. Martin warned that those who receive PIP, Carers Allowance or ESA face missing out on the £650 payment.

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As the cost of living crisis deepens, millions of households are struggling to cover the spiralling cost of living. The UK government has responded by announcing a financial package designed to assist those who need help the most.

Chancellor Rishi Sunak has said his new emergency cost-of-living package will have a “minimal” impact on inflation which will be “much less” than 1%.

Rishi Sunak has insisted that he did not time handing out £21bn-worth of cost-of-living support to deflect from Partygate. The Chancellor announced the new package of support yesterday (Thursday), just one day after Sue Gray's highly anticipated report on Downing Street's lockdown parties was published.

Money Saving Expert Martin Lewis has breathed a 'sigh of relief' following the chancellor's cost of living announcements in the House of Commons today.

Chancellor Rishi Sunak has announced a string of new measures aimed at helping millions of households across the country deal with the soaring cost of living. It comes as the UK faces record-high levels of inflation and rapidly rising energy and gas bills, forcing many households and families to fall into poverty.

The most vulnerable households in Scotland will receive £1,000 of extra government support to tackle rising energy bills and the cost of living criss, Rishi Sunak has claimed.

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An independent think tank founded by former Tory leader Sir Iain Duncan Smith has called on the government to provide an £700 emergency cash boost to help poorer families struggling under the pressures of soaring household costs.

Martin Lewis has revealed his 12-point plan to survive the crippling cost of living crisis after sounding the alarm for yet more eye-watering bill hikes.

Boris Johnson has been urged to “sack the chancellor” and take action to meet the cost of living crisis.

The average house price in the UK has risen by £24,000 in the year to March, according to new data.

Boris Johnson is set to face members of parliament in the House of Commons later today at Prime Ministers Questions.

Tory chancellor Rishi Sunak has been dismissed as the “dude from Silicon Valley” who blamed a government computer systems for failing to increase benefits in line with inflation.