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Boris Johnson
Alexander Boris de Pfeffel Johnson Hon FRIBA (born 19 June 1964) is a British politician, writer, and former journalist serving as Prime Minister of the United Kingdom and Leader of the Conservative Party since 2019. He was Foreign Secretary from 2016 to 2018 and Mayor of London from 2008 to 2016. Johnson was Member of Parliament for Henley from 2001 to 2008 and has been MP for Uxbridge and South Ruislip since 2015. Ideologically, Johnson identifies as a one-nation conservative.
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'Year of the Squeeze' predicted as tax and energy bill rises create 'cost of living catastrophe'

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dailyrecord.co.uk

Households face an “overnight cost of living catastrophe” in April, when £1200 of tax rises and energy bill increases kick in, analysts warn.

Boris Johnson’s manifesto-busting tax hikes along with changes to the energy cap will pile pressure on budgets when the new financial year starts, according to the Resolution Foundation.

Its latest Labour Market Outlook predicts a “year of the squeeze”, with inflation, now at 5.1 per cent, peaking at six per cent, its highest since 1992, in the spring.

Real wages will be just 0.1 per cent higher at the end of 2022 than at the start. And by the end of 2024, real wages are set to be £740 a year lower than if pre-pandemic pay growth had continued.

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