UK's Sunak embraces socialism with windfall tax amid rising inflation and cost-of-living crisis

The measures have caused grumbling in Sunak's party and could harm his already fading chances of succeeding Boris Johnson as prime minister

Rishi Sunak, the UK's chancellor of the exchequer: His latest measures to see the economy through the cost-of-living crisis mean the Tory government has imposed the highest tax burden since the 1950s.

Rishi Sunak, the UK's chancellor of the exchequer, wants to be known as a traditional UK Conservative but his record in office looks increasingly closer to his socialist predecessors.

Mr Sunak’s latest package of measures to see the economy through the cost-of-living crisis means the Tory government has imposed the highest tax burden since the 1950s and also brought in the first windfall tax since the early days of Tony Blair’s Labour administration in the 1990s.