News / Reports

Millions of Britons skip meals amid deepening cost of living crisis

Saturday, 22 October 2022 2:25 AM [ Last Update: Saturday, 22 October 2022 2:31 AM ]

Saeed Pourreza

Press TV, London

It's been just a few weeks since the now resigned prime minister Liz Truss promised low taxes and high growth. Events have moved incredibly fast in Westminster that a new finance minister is now raising taxes and promising public sector cuts.

The U Turns and counter-u turns have come with a cost, for the economy and the people. Millions of households are skipping meals or struggling to put healthy goods on the table. Inflation is already at more than 10 percent. Energy and fuel prices are on the rise, putting a squeeze on Britons' finances.

It's been less than two months since Boris Johnson gave way to Liz Truss as PM followed by the queen's death and a dramatic change in the country's outlook. And now, another leadership contest. That could trigger more economic and political instability.

And more instability means more people relying on charities from food banks to keep their stomachs full and warm rooms where those unable to heat their homes can take refuge in the cold months of winter. The new chancellor has curbed Liz Truss' flagship economic plan of a two-year cap on energy bills to April next year. At the end of this month, he's expected to announce a mid-term economic policy that could spell out the beginning of another prolonged period of austerity.

Paying the price of that, ordinary Britons. As the conservative party races to choose its third leader and PM in one year, urgent help to those in need couldn't come any sooner.

Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.co.uk