Politics live: Millions to get £400 discount off their energy bills as Rishi Sunak reveals further cost of living help

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 67%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

Chancellor Rishi Runak has announced a one-off payment of £650 for eight million low-income households. The one-off payment will be made in two lump sums: one from July, and the other from autumn. Latest: costofliving 📺 Sky 501 and YouTube

Rachel Reeves, the shadow chancellor, is now responding to Rishi Sunak's announcement in the House of Commons.

Rishi Sunak kicked off his statement by saying the government would never stop trying to help people and that they'll do what they did in the COVID pandemic. That could be seen as a direct reference to the conflict between Number 10 and the Treasury - where it has been widely reported that Number 10 said a windfall tax was ideologically un-Conservative.

"To help the six million people who receive non-means tested disability benefits, we will send them, from September, an extra one off disability cost of living payment worth £150." Rishi Sunak said"we have three specific tools available to combat and reduce inflation" and"we are using them all"."First, our primary tool is a strong independent monetary policy. Since control of monetary policy was taken out of the hands of politicians 25 years ago, inflation has averaged precisely 2%.

He begins by reassuring the British public that the government will"never stop trying to help people" in the wake of this crisis. Chancellor Rishi Sunak is expected to unveil the government's latest plan to help households tackle the cost of living crisis imminently.More Tory MPs are concluding the once vote-winning Boris Johnson is now damaging the party brand

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Grab the cash and order the iPhone 14...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rishi Sunak 'will announce measures to rebut cost-of-living crisis'The chancellor is due to meet with Prime Minister Boris Johnson to sign off on the rumoured £10bn package, which could include a windfall tax on energy giants and financial aid for vulnerable families. Another payday loan or some coupons? Surely the wrong photos? New taxes 💪👍🇬🇧💀
Source: DailyMailUK - 🏆 7. / 90 Read more »

Rishi Sunak looks at ways to protect poorest from fuel price rises\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t Going to stop heating his multiple private swimming pools is he? This is what intelligent analysis/criticism looks like. Others might note that, but I doubt it. AlStewartOBE The 9n ly way he can protect the poor is to take control of it
Source: FT - 🏆 113. / 51 Read more »

Rishi Sunak 'will announce measures to rebut cost-of-living crisis'The chancellor is due to meet with Prime Minister Boris Johnson to sign off on the rumoured £10bn package, which could include a windfall tax on energy giants and financial aid for vulnerable families. I’m all ears Rishi Workhouses and indentured servitude? Government employed loan Sharks.
Source: DailyMailUK - 🏆 7. / 90 Read more »

Thursday morning UK news briefing: Rishi Sunak to extend energy bills relief for every householdThursday morning UK news briefing from TheChrisPrice 🔴Sunak to extend energy bills relief for every household 🔴PM denies partygate cover-up over 'Abba party' 🔴We can't help falling in love with jukebox epic Elvis TheChrisPrice Extending energy bill relief except for the disabled, pensioners, and low income families? I'm sure that Ruthless Rishi's rich friends will appreciate that extra money. TheChrisPrice £40 each year for five years when your policies of net zero have added £1200 to annual energy bills and about 40% uplift in food, goods and service cost uplift. It's like the burglar that's cleared your house of everything who when confronted on their way out gives back the milk
Source: The Telegraph - 🏆 41. / 63 Read more »

Rishi Sunak to set out new cost of living crisis plan after Sue Gray reportA windfall tax could be one of the measures revealed by the chancellor on Thursday as the energy price hike is set to rise even further. But oil and gas companies have said that could reduce production in the future. They caused the problem to be much worse with their GDP destroying Brexit.
Source: SkyNews - 🏆 35. / 67 Read more »

Rishi Sunak To 'Cut Energy Bills By £400 In Windfall Tax U-Turn'The chancellor is expected to set out plan to ease the cost-of-living squeeze a day after the partygate report. He's around £1300 short
Source: HuffPostUK - 🏆 108. / 51 Read more »