P118news.today118Wed 28 Oct18:53
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UK NEWS 8/9
Chancellor announces £100 energy payment for millions of households
The Chancellor has announced a £100 payment to 20 million households in council tax bands A to D in England to help with energy bills this winter.
Chancellor John Healey has announced a £100 energy payment scheme costing £2.6 billion, aimed at 20 million households in council tax bands A to D in England. The money will be paid directly into bank accounts from January. The payment is part of broader measures including an extended VAT cut on electricity until July and reforms to gas and electricity standing charges. However, campaigners have warned the payment will 'barely dent' forecast bill increases, with a typical household facing a rise of around £276 in January after Ofgem's price cap increased by 3.6 per cent in October. The End Fuel Poverty Coalition stated that while the measures are welcome, they do not go far enough given wholesale gas prices have tripled since February.
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