On Thursday, the Chancellor announced an extra £15 billion package of new support to help families with rising costs and their energy bills, bringing the total support package to £37 billion .
The £37 billion package of support includes doubling the October £200 rebate to £400 – and turning this tranche of support to a non-repayable grant, supporting 8 million vulnerable households with a £650 cost of living payment, helping 8 million pensioner households with a £300 cost of living payment and supporting 6 million people on disability benefits with a £150 cost of living payment.
This latest announcement builds on a £22 billion package of support already in place to help families combat global cost of living pressures including global economies reopening following the pandemic, Putin’s war in Ukraine, and a fresh wave of lockdowns in China.
Richard Fuller MP said:
Some constituents have written to me to ask if the government will be providing further help beyond the £22bn of taxpayer funded support already provided to help with the cost of living.
Yesterday the Chancellor announced a further huge package of support.
