inflation which could squeeze living standards and because the government a lot more when it comes to borrowing. a lot more when it comes to borrowing- borrowing. the bulk of that increases borrowing. the bulk of that increases down borrowing. the bulk of that increases down two - borrowing. the bulk of that increases down two things| borrowing. the bulk of that | increases down two things - borrowing. the bulk of that - increases down two things - one of increases down two things one of thoseis increases down two things one of those is that the fact that as the economy has opened rather rapidly after coronavirus that is put pressure on global supply chains. the other part of the increase is very much down to energy prices. both of those factors are global factors, we are not alone in experiencing those problems. i don t have a magic wand that can make either of those things disappear. labour has warned of a cost of living crisis. higher prices for things like food and energy.
government could do, it would be immediate government could do, it would be immediate and it would be felt automatically on people s bills next month, automatically on people s bills next month, and that is to cut that rate of vat month, and that is to cut that rate of vat from month, and that is to cut that rate of vat from 5% to 0%. month, and that is to cut that rate of vat from 596 to 0%. month, and that is to cut that rate of vat from 596 to 0%. with one week to of vat from 596 to 096. with one week to no until of vat from 596 to 096. with one week to go until the of vat from 596 to 096. with one week to go until the climate of vat from 596 to 096. with one week to go until the climate conference - to go until the climate conference in glasgow, the government needs a long term energy fix. to help move the uk to a zero carbon economy. that will mean a population with the skills to do the work, but also, you guessed it, quite a lot of cash. charlotte rose, bbc news. sorr
either of those things disappear. labour has warned of a cost of living crisis was up higher prices for things like food and energy. prices for things like food and ener: . ~ prices for things like food and ener. . ., prices for things like food and ener: . ~ ., ., energy. when we pay our gas and electricity bills energy. when we pay our gas and electricity bills 596 energy. when we pay our gas and electricity bills 596 of energy. when we pay our gas and electricity bills 596 of that - energy. when we pay our gas and electricity bills 596 of that moneyl electricity bills 5% of that money goes electricity bills 5% of that money goes automatically to the taxman. there goes automatically to the taxman. there is goes automatically to the taxman. there is something very simple the government can do. it would be immediate and would be felt automatically on peoples bills next month automatically on peoples bills next month and that is to cut that rate of vat month and that is