Britons are already turning their thermostats down, says Conservative MP Alec Shelbrooke. He tells Bloomberg Westminster's Caroline Hepker and Yuan Potts the Chancellor has a difficult balancing act, given the severity of rising energy prices.

Plus: Should we worry about a fifth wave of Covid? Bloomberg Opinion columnist Therese Raphael gives us her view and Bloomberg's James Woolcock talks us through steel tariffs and WhatsApp.

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