UK PM Johnson promises more to say on cost of living support in coming days
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Monday
July 04, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
MONDAY, JULY 04, 2022
UK PM Johnson promises more to say on cost of living support in coming days

Europe

Reuters
10 May, 2022, 09:50 pm
Last modified: 10 May, 2022, 09:54 pm

Related News

  • UK PM Johnson says if Putin 'were a woman', there'd be no Ukraine war
  • Boris Johnson wants G7 to balance values with doing business with China
  • Boris Johnson under pressure after UK election defeats
  • From north to south, UK PM Johnson faces prospect of bruising by-election defeats
  • UK's Johnson: higher public spending and wages risk fanning inflation

UK PM Johnson promises more to say on cost of living support in coming days

Reuters
10 May, 2022, 09:50 pm
Last modified: 10 May, 2022, 09:54 pm
British Prime Minister Boris Johnson speaks during a meeting with Ukrainian President Volodymyr Zelenskiy (not pictured) during the Munich Security Conference in Munich, Germany, February 19, 2022. Photo :Reuters
British Prime Minister Boris Johnson speaks during a meeting with Ukrainian President Volodymyr Zelenskiy (not pictured) during the Munich Security Conference in Munich, Germany, February 19, 2022. Photo :Reuters

British Prime Minister Boris Johnson and Chancellor Rishi Sunak will have more to say in the coming days on helping voters with the current cost of living crisis, Johnson said in parliament on Tuesday.

Speaking during a debate on his legislative agenda, announced earlier in the day, Johnson outlined the damage the Covid-19 pandemic had done to the economy and public finances, compounded by a spike in energy prices.

He said the government had already helped families with the increase to their cost of living, and would continue to do so.

"We will continue to use all our ingenuity and compassion for as long as it takes. My Right Honourable friend the Chancellor (Sunak) and I will be saying more about this in the days to come," Johnson said

It was not clear whether Johnson was signalling another imminent round of support.

A finance ministry source said plans for any support on energy bills would be announced once details of the next price cap level, due to be set from October, were known.

"There will be no emergency budget and budget timelines will be set out in the usual way," the source said.

Later in his speech Johnson set out the limits of what his government could do: "However great our compassion and ingenuity we cannot simply spend our way out of this problem. We need to grow out of this problem," he said.

World+Biz

Boris Jhonson / UK election

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • China’s new Covid flareup threatens crucial economic region, raising supply chain worries
    China’s new Covid flareup threatens crucial economic region, raising supply chain worries
  • Biman increases flights on domestic routes ahead of Eid
    Biman increases flights on domestic routes ahead of Eid
  • Photo: Collected
    Ex-BCL leader sets himself on fire at Press Club

MOST VIEWED

  • Among the EU’s problems is that it has both a north-south divide – because of the poor design of the euro zone – and an east-west divide. Photo: Bloomberg
    European Union to set up platform for Ukrainian reconstruction
  • FILE PHOTO: Keir Starmer speaks during a Labour Party general election campaign meeting in Harlow, Britain November 5, 2019. REUTERS/Hannah McKay
    Forget 'arguments of the past,' UK's Labour sets out Brexit plan
  • French President Emmanuel Macron, candidate for his re-election, reacts on stage after partial results in the first round of the 2022 French presidential election, in Paris, France, April 10, 2022. REUTERS/Benoit Tess
    How Macron's inflation relief law tests France's new political order
  • An ambulance and armed police stand outside Field's shopping centre, after Danish police said they received reports of shooting, in Copenhagen, Denmark, July 3, 2022. Ritzau Scanpix/Olafur Steinar Gestsson via REUTERS
    No indication Danish mall shooting was 'act of terror', say police
  • A sign that reads "Waiter needed. If interested, drop CV" is posted on the window of a restaurant in central Madrid, Spain, May 31, 2022. Picture taken May 31, 2022. REUTERS/Susana Vera
    No experience, no resume, you're hired! Hotels fight for staff
  • A rescuer stands next to a residential building hit by a Russian military strike, as Russia's attack on Ukraine continues, in Mykolaiv, Ukraine June 29, 2022. Press service of the State Emergency Service of Ukraine/Handout via REUTERS
    EU lending arm aims to raise 100 billion euros to help rebuild Ukraine

Related News

  • UK PM Johnson says if Putin 'were a woman', there'd be no Ukraine war
  • Boris Johnson wants G7 to balance values with doing business with China
  • Boris Johnson under pressure after UK election defeats
  • From north to south, UK PM Johnson faces prospect of bruising by-election defeats
  • UK's Johnson: higher public spending and wages risk fanning inflation

Features

Last month Swapan Kumar Biswas, the acting principal of Mirzapur United College, was forced to wear a garland of shoes for ‘hurting religious sentiments.’ Photo: Collected

Where do teachers rank in our society?

7h | Panorama
Japanese Ambassador Naoki Ito. Sketch: TBS

'The game-changing projects are in line with the Bay of Bengal Industrial Growth Belt initiative'

9h | Panorama
A Glittery Eid

A Glittery Eid

1d | Mode
Rise’s target customers are people who crave to express themselves through what they wear, and their clothing line is not relegated to any age range.

Level up your Eid game with Rise

1d | Mode

More Videos from TBS

Why Mbappe cheated Real Madrid

Why Mbappe cheated Real Madrid

34m | Videos
How useful will the government's plan to save money?

How useful will the government's plan to save money?

34m | Videos
Photo: TBS

Jahangirnagar University protest recent harassment of teachers

4h | Videos
Sanitary Napkin vending machines makes life easier for CU students

Sanitary Napkin vending machines makes life easier for CU students

6h | Videos

Most Read

1
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

2
TBS Illustration
Education

Universities may launch online classes again after Eid

3
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

4
Photo: Collected
Economy

Tech startup ShopUp bags $65m in Series B4 funding

5
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

6
Investor Hiru fined Tk2cr for market manipulation
Stocks

Investor Hiru fined Tk2cr for market manipulation

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Sun Drying Paddy in Monsoon: Workers in a rice mill at Shonarumpur in Ashuganj arrange paddy grains in lumps on an open field to dry out moisture through sunlight. During the rainy season, workers have to take cautions so that the grains do not get wet in the rains. Photo: Rajib Dhar

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net