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UK’s Sunak to warn cost of living crisis won’t be easy to fix

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Reuters UK

LONDON (Reuters) -British finance minister Rishi Sunak will warn on Wednesday that fixing the rising cost of living for families will not be easy in a speech to business leaders urging them to boost investment, staff training and innovation. British inflation surged last month to its highest annual rate since 1982, with consumer price inflation hitting 9% in April. That has heaped pressure on Sunak to do more to help those struggling to pay rising food, fuel and energy bills. “Our role in government is to cut costs for families. I cannot pretend this will be easy,” Sunak will say at a Confeder…

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