Rishi must tighten the purse strings

There must be moments when Rishi Sunak wonders why he ever accepted the job of chancellor. Only months after he moved into No. 11 he had the Covid-19 crisis to deal with. Now he has the war in Ukraine as well. Already he is under pressure to find a way of alleviating the inevitable pain that is going to cause for the economy.

Oil and gas prices are soaring as Russian supplies start