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Home Breaking News

PM pledges cost of living support as chancellor says public being ‘taken for a ride’

August 2, 2026
in Breaking News
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PM pledges cost of living support as chancellor says public being ‘taken for a ride’
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Andy Burnham has promised extra cost-of-living assist is on the way in which as his chancellor vowed to cease the general public being “taken for a journey” on meals and petrol costs.

The prime minister pledged to do “no matter I can” to “take slightly little bit of strain down” after listening to voters speak about “how powerful life was” on the doorstep.

It comes after Mr Burnham started his tenure in Downing Road with a spate of measures geared toward decreasing prices for households, together with a minimize in VAT on power payments and diminished enterprise charges for pubs.

“Folks on whose doorways I used to be knocking, solely about 5, six weeks in the past, they did recover from to me how powerful life was,” he advised the Mirror. “Can’t go for drink any extra. Can’t take the children out. Not having a vacation this 12 months.

“I heard these kind of issues being stated all through the marketing campaign, and people feedback had been nonetheless ringing in my ears as I arrived in Downing Road.”

Andy Burnham speaks during a visit to a family centre in Sheffield
Andy Burnham speaks throughout a go to to a household centre in Sheffield (Getty)

The prime minister stated “outrageously” excessive rail fares had been “in my sights”, however added he wouldn’t give folks “false guarantees”.

“It’s about wanting throughout the piece,” he stated. “Not giving folks false guarantees, however being trustworthy with them and saying, ‘Properly, I’ll do no matter I can in all of those completely different areas simply to take slightly little bit of strain down’.”

In the meantime, chancellor John Healey stated he can be “watching intently” to guard the general public from “worth gouging” on the petrol pump and in supermarkets because the conflict in Iran continues to hit costs.

Mr Healey conceded that “we will’t fully cease the squeeze” on households and companies amid Mr Burnham’s efforts to indicate he’ll deal with tackling the price of residing since taking workplace.

Nonetheless, he signalled he can be able to intervene to guard shoppers from unfair worth rises at dwelling.

“We’ll be watching intently for any strategies that prospects are being taken for a journey on the pump or the until,” Mr Healey wrote in The Telegraph.

“Firms’ willingness to work with the federal government all through this disaster has been optimistic, and there was no important proof of so-called worth gouging, however I wish to be blunt in reassuring the general public that our regulators have the powers to clamp down on it if it occurs.”

John Healey
John Healey (PA Wire)

The beginning of Mr Burnham’s premiership has seen him announce a succession of measures geared toward assuaging cost-of-living pressures, similar to a minimize in VAT on power payments and capping bus fares at £2 all through 2027.

The raft of measures Mr Burnham has unveiled, together with slicing enterprise charges for pubs and an enlargement of technical coaching in faculties, are prone to require extra spending.

Mr Healey promised that his first funds can be “constructed on fiscal self-discipline” as he revealed this week that it could happen on 28 October.

He and the prime minister have written to the cupboard to clarify there isn’t any new cash coming for the contemporary pledges, he advised The Occasions.

Departments should be able to “shift funding away from unproductive or legacy programmes that now not replicate this administration’s priorities”, he wrote within the letter.



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