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Tory peer calls for welfare boost to counter cost of living crisis

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One of Britain’s most prominent retailers has called for a major welfare boost for the poorest as pressure grows on chancellor Rishi Sunak to act on the cost of living crisis.Stuart Rose, the chairman of Asda and Conservative peer, effectively backed reinstating a £20-a-week uplift in universal credit introduced at the start of the Covid pandemic to help those on low incomes.

He said some were seeing “shocking” increases in their bills and warned that the pressures were likely to persist into 2024.“We’ve got a national economic emergency and we’ve all got to pull together and sort it out,” he told the Observer. “Doing nothing is not an option.

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