Ten Things You Need to Know Today: 27 May 2022

The Week’s daily digest of the news agenda, published at 8am

1. MPs split over Sunak plan

Conservative MPs are divided over Rishi Sunak’s windfall tax and “spending bonanza”, said The Times. Yesterday, the chancellor announced that every household in the country will receive £400 to help cover the rising cost of their gas and electricity bills, with further payments for pensioners and other lower-income homes. Kwasi Kwarteng, the business secretary, is opposed to the temporary windfall tax that will fund the package and Jacob Rees-Mogg, the Brexit opportunities minister, has also raised concerns. “It looks like we’re being dictated to by Labour,” an unnamed cabinet minister told the paper.

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