Britons will have to wait several weeks before the Government reveals further support to combat soaring inflation, amid fresh questions over the whereabouts of Boris Johnson.
Business Secretary Kwasi Kwarteng said he expects an emergency budget from the next prime minister to contain measures to help people, although this is not expected for at least another month.
Labour hit out at the government saying people across the country need help now. Deputy leader Angela Rayner said: " Boris Johnson 's zombie Conservative Government has checked out after crashing the economy. "As the Bank of England forecasts the joint longest recession in three decades, the disgraced Prime Minister lingers on, asleep at the wheel, propped up by Tory MPs when he should be long gone."As people up and down the country are sick with worry about how they'll pay the bills, ministers have gone missing in action."The Tories have no plan, no leadership and no answers just more of the same from these two continuity candidates."Only Labour can provide the fresh start the country needs."Kwarteng was asked about Johnson and said "I don't know where Boris is", but claimed people would not begrudge the outgoing Prime Minister having a honeymoon, adding that he is in "regular contact".Both Johnson and Chancellor Nadhim Zahawi were on holiday and away from Westminster when the Bank of England warned the economy will enter the longest recession since the 2008 financial crisis.
Interest rates were increased from 1.25% to 1.75%, the biggest increase for 27 years, while the Bank also forecast that inflation could peak at 13.3%.
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