The invasion of Ukraine will have a “significant economic impact on the cost of living in the UK” and government intervention is needed to support those “who are hit hardest by price rises”, a cross-party committee of MPs has said.
In a report published today (23 March), the treasury committee has warned there is no escaping the economic fallout of the “illegal and unprovoked invasion of Ukraine”, and the government must provide financial assistance for low-income households.
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