(HRNW) Gordon Brown, a former Labour prime minister, wants an emergency budget before the UK hits a “financial timebomb” this fall.
Mr. Brown said that if the government doesn’t do something about the cost of living crisis, millions of people will be “pushed over the edge.”
Liz Truss and Rishi Sunak, who are both running to be the next Conservative leader, have fought over how they will deal with high inflation.
He wants them to agree with PM Boris Johnson on an emergency budget this week, or else he wants parliament to be called back.
In an article for the Observer, Mr. Brown said, “The grim reality is undeniable: a financial time bomb will go off for families in October as a second round of fuel price rises in six months sends shock waves through every household and pushes millions over the edge.”
Professor Donald Hirsch from Loughborough University, who was hired by Mr. Brown to do a new report, found that 35 million people in 13 million homes across the UK are at risk of fuel poverty in October.
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