, pledged on Wednesday to temporarily scrap taxes on energy bills paid by households as part of a"winter plan" to ease the cost-of-living crisis.
Three months ago as finance minister, he had ruled out cutting VAT on energy bills because it would not be a big help to families. On Wednesday, his team said it was the"centrepiece" of his winter plan. Foreign Secretary Liz Truss, the bookmakers' favourite to succeed Prime Minister Boris Johnson, has outlined a wider range of tax cuts that Sunak has branded irresponsible.
Inflation is on course to hit 11 per cent annually, growth is stalling, and industrial action is on the rise.
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