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Cost-of-living plan needed urgently, Chancellor! The bills ‘aren’t going down anytime soon’
Government urged to begin insulating homes and assist those struggling between paying bills and feeding their children
[Josh Appel / Creative Commons]
RISHI SUNAK was urged today to come up with long-term plan to ease the cost-of-living crisis, including a home-insulation scheme, as energy bills “aren’t going down anytime soon.”
The Chancellor has refused to rule out a further emergency package next year, but his most recent announcement of a £21 billion giveaway to households, partly paid for by a £5bn evadable levy on the profits of oil and gas companies, has been criticised as not enough to soften the impact of soaring inflation.
The Institute for Fiscal Studies (IFS) has warned that the impact of a one-off series of measures will be limited, so Mr Sunak will come under pressure to repeat it in future years.
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