Will inflation bring down the Tory government?

UK inflation has reached its highest rate in 40 years, jumping from 7 per cent in March to 9 per cent in the year to April. With inflation hitting the poorest hardest, pressure is growing on the government to reverse its opposition to a windfall tax on energy profits. Anoosh Chakelian is joined by the New Statesman's associate business editor Emma Haslett and senior associate editor Rachel Cunliffe to discuss the government’s lack of a plan to address the crisis, including the array of unhelpful “top tips”from ministers on how households can cope with spiralling costs, and to consider what else can be done. Then in You Ask Us, a listener wonders if the Bank of England is being blamed for the government’s mistakes. If you have a question for You Ask Us, email [email protected] listeners can subscribe to the New Statesman for just £1 a week for 12 weeks using our special offer. Just visit newstatesman.com/podcastoffer.LISTEN AD-FREE:📱Download the New Statesman appMORE FROM THE NEW STATESMAN:❓ Ask a question – we answer them every Friday⏰ Get our daily politics newsletter every morning✍️ Enjoy the best of our writing via email every Saturday Hosted on Acast. See acast.com/privacy for more information.