Sir Keir said: “Labour have put forward sensible, costed, practical measures that would give immediate help to working people up and down the country. The Government should hold an emergency Budget to enact them and address the yawning chasm left by the Spring Statement. Now is the time to act.”

A government source said: “We’re already providing £22 billion worth of support this year, including uplifting wages for the lowest paid, helping those on Universal Credit keep more of what they earn and providing generous support for energy bills.

“But there will be a number of ways we can help households through this difficult time that don’t rely on using taxpayer funding and don’t push up debt even higher.”

Meanwhile, George Eustice, the Environment Secretary, will this week urge farmers to take advantage of a new scheme that will provide government payments for using natural fertilisers instead of manufactured fertilisers dependent on gas.

On Thursday, Mr Eustice is expected to say: “Farmers are facing increased input costs, and one of the things that we must prioritise is a move away from our reliance on manufactured fertilisers. Many of the challenges we face in agriculture will require a fusion of new technology with conventional principles of good farm husbandry.”