The rate of inflation rose to 9.1 per cent in May, according to the latest Office of National Statistics figures. Liberal Democrat Treasury Spokesperson Christine Jardine MP responds.

“Rishi Sunak is standing by while millions of people suffer from eye-watering levels of inflation. He either hasn’t got any sense or any heart to not intervene.

“This Chancellor has hiked taxes time and time again, refusing to slash them to help with the cost of living emergency, even when we know slashing VAT is a sure-fire way to help families while keeping inflation under control. 

“Instead the Chancellor, his Prime Minister and his colleagues continue to sit on their hands while the country suffers. They are not fit for purpose.”