Conservatives can "kiss goodbye" to hopes of winning the next general election unless they get inflation under control, Rishi Sunak has warned.
Mr Sunak was speaking at a Tory leadership contest hustings in Eastbourne a day after the Bank of England forecast inflation will peak at 13.3 per cent and the cost of living crisis will stretch into the expected election year of 2024.
The former chancellor has repeatedly warned that his leadership rival Liz Truss's plan for at least £30bn of immediate tax cuts will fuel inflation and risk extending the crisis.
He told Conservative activists on Friday that the most important thing was not to "put fuel on the fire and make the situation worse".
"The first thing we need to do in order to make sure we can win that election is have got through this inflation problem by then," said Mr Sunak. "And that's why I'm particularly worried about policies that risk making it worse and last longer.
This story is from the August 06, 2022 edition of The Independent.
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This story is from the August 06, 2022 edition of The Independent.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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