Rishi Sunak speaks on the cost of living crisis

The transcript outlines the speaker's economic priorities, focusing on controlling inflation and supporting citizens with their bills. The speaker rejects permanent tax cuts funded by borrowing due to inflation risks. As Chancellor, a windfall tax on energy companies was introduced, and further support is planned for the autumn and winter. The speaker proposes cutting VAT on energy bills and providing direct financial assistance to pensioners and low-income individuals. The approach aims to offer direct help to the most vulnerable without exacerbating inflation.

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