Reaction and debate sparked by his proposals

What is retail boss Richard Walker telling Kier Starmer to do in his new role as the PM’s Cost of Living Tsar? Why does he want a temporary cap on the profits of energy and oil companies? How does a supermarket like Iceland handle the price pressures that come from war in the Middle East? And how worried is he about rising employment costs?

Richard Walker - executive chair of Iceland Foods - talks to Steph and Robert about everything from whether we should be drilling for more oil in the North Sea to the price of a prawn ring.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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