How Partygate could do for Johnson as Black Wednesday did for Major The Tory reputation for economic competence was shredded in 1992 but the present PM’s woes go deeper, politically and economically
Boris Johnson confident Tory MPs back him to survive as party leader and prime minister – as it happened Latest updates: PM says he gave ‘some pretty vintage’ answers on Partygate as ministerial aide quits over ‘culture in Number 10 that was distasteful’
Shell says windfall tax threatens North Sea oil and gas investment Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewables
Boris Johnson says UK ‘not necessarily’ heading for recession PM sounds upbeat note on economy amid some disquiet among Tory MPs over £15bn cost of living package
Rampant inflation breaks the status quo – no wonder the government is spooked The return of soaring prices could lead a fragile, divided country into uncharted territory, says Guardian columnist Andy Beckett
Cost of living payments for millions as Sunak announces windfall tax on oil and gas profits – as it happened Chancellor says ‘energy profits levy’ will be temporary but will raise around £5bn
Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crises
Food bank demand for items to eat cold ‘mind blowing’, says Jack Monroe Anti-poverty campaigner says many people cannot afford to turn on the hob because of high energy bills
A brief history of windfall taxes: who used them and why Windfall taxes have been used by Tory governments at least three times in the last 40 years
Rishi Sunak to announce windfall tax on energy firms One-off levy to fund support package amid cost of living crisis which could include increase in benefits
Sunak races to finalise cost of living response after energy bills warning Measures could be announced as soon as Thursday as households face price cap rise of more than £800
Unions angered by No 10 remarks about public sector pay stoking inflation TUC says suggestion that higher pay for workers this year will push up inflation is ‘nonsense’
Sunak faces calls for help with living costs as budget deficit lower than forecast Tax receipts are weaker than expected, revealing impact of UK’s slowing economy
Cost of living response hindered by Johnson-Sunak rift, say ministers Sources reveal frustration at likely delay of package to help households hit by squeeze on budgets
Windfall tax: which cabinet ministers are for and against it? A number of ministers have spoken out against the policy in highly unusual displays of dissent