Call for 'mini-budget' to lessen inflation blow

Government should 'cushion the damage, particularly on those hardest hit by the blow to spending power', economist says

KBC Bank Ireland chief economist Austin Hughes has suggested the Government may need to consider a 'mini-budget' to shield low-income homes from runaway inflation.

The Government may need to consider calling a ‘mini-budget’ in the coming months to support low income households against rising inflation, an economist has warned.

It comes as latest inflation figures show the basic cost of living crisis is worsening.