As Johnson faces 'partygate' verdict, Britain's cost of living crisis spirals

amid warnings that Britain's cost of living crisis is spinning dangerously out of control.

Things are only going to get worse, according to Mr Michael Lewis, chief executive of E.ON, one of Britain's biggest energy suppliers. Up to 40 per cent of its customers could be in fuel poverty by October - compared with a fifth now - without substantial action by the government, he told the BBC on Sunday . A household is in fuel poverty when it spends more than 10 per cent of their income on energy bills.

He's under growing pressure to take action, but there appears to be no consensus at the top of government about the right way forward. With less than two years until the next general election, Mr Johnson is eager to paint himself as a prudent guardian of the public purse following the economic shockwaves of the Covid-19 pandemic.

"As the Government prepares a fresh round of cost-of-living support, it is clear where it's needed most," said Jack Leslie, senior economist at the foundation."The Chancellor should prioritise significant targeted support at low-and-middle-income households." Alongside that, Britain is becoming a less attractive place to do business, according to a survey of more than 100 major investors and business leaders by the Centre for Policy Studies think-tank.

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