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UK Chancellor visits US for talks over cost of living

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Chancellor Nadhim Zahawi

The UK Chancellor Nadhim Zahawi is travelling to the United States later for talks on how to tackle the spiralling cost of living. During what could be his final week in the job, Mr Zahawi will meet US bankers and officials to seek “international solutions” to soaring costs.

Labour has criticised the trip, saying he should be focusing on the UK.

The two candidates for prime minister have signalled they will offer more help if elected on 5 September.

The government has been accused of not doing enough to help people cope with the crisis, amid warnings that people are facing a dire winter with rocketing energy bills.

Both Liz Truss and Rishi Sunak, one of whom will be announced as the next prime minister, have pledged further support, though neither has given details.

James Murray, Labour’s shadow financial secretary to the Treasury, accused Mr Zahawi of being part of a “do-nothing Tory government” – adding that the chancellor was “jetting off to an international chinwag”.

Credit: bbc.com

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