Downing Street has rejected calls for Boris Johnson to summon an emergency COBRA meeting to deal with the cost of living crisis
Mr Johnson and Chancellor Nadhim Zahawi faced criticism for being missing in action amid grim forecasts that the UK is heading for the worst financial crisis since the 2008 crash, with interests rates soaring to their highest level in 27 years.
He suggested Mr Johnson had no plans to sit down with Liz Truss or Rishi Sunak, saying:"Both candidates have spoken about new things they would introduce."Boris Johnson and Nadhim Zahawi have been criticised for doing nothing in the face of a grim economic forecastThe CBI, which presents thousands of British businesses, urged the prime minister to think again and"end the August power vacuum" by bringing together the two leadership candidates to agree a way forward.
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