Helping cash-strapped Britons won’t add to inflation, says CBI

  • Date: 19-May-2022
  • Source: The Guardian
  • Sector:Economy
  • Country:Gulf
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Helping cash-strapped Britons won’t add to inflation, says CBI

Tackling rising food and fuel bills will not add to inflation and people who are “the hardest hit” need help now, the head of the UK’s biggest business association has warned.

Official figures published on Wednesday revealed UK inflation soared to 9% in April – its highest level for more than 40 years – as the rising cost of gas and electricity pushed household energy bills to record levels.

Tony Danker, the director general of the Confederation of British Industry (CBI) told BBC Radio 4’s Today programme: “You have to help the hardest hit now.