Boris Johnson rules out emergency measures to tackle cost of living

Boris Johnson has ruled out new cost of living measures until a new prime minister is in place, with No 10 saying the worst financial pressure on families will not hit until later in the year.

The prime minister’s official spokesperson said there were no plans for a Cobra meeting to address the cost of living crisis, and it would be for either Liz Truss or Rishi Sunak to work out a plan for dealing with the economic situation when the new…