Government has to use whatever financial firepower it has to cushion the blow for those struggling most

Finance Minister Paschal Donohoe will be the most reluctant to introduce open-ended measures. Photo: Mark Condren

Richard Curran

The cost-of-living crisis got worse this week. Interest rates are going up. Even if it is only by a quarter of 1pc from July, it marked the beginning of a new phase of rate rises. Inflation remains scarily high and the bigger international picture is getting uglier.