Autumn Statement 22: Cost of living help set out for energy, pensions and wages

Energy Price Guarantee

The Chancellor laid out a series of measures to help those struggling with the increased cost of living in his Autumn Statement today (17 November).

To help with energy costs, the government's Energy Price Guarantee scheme will be extended, but made less generous. Millions of households will see their energy bills go up by hundreds of pounds a year from April, but the government said that this increase is less than would be the case without its support.  A household using a typical amount of gas and electricity will pay £3,000 annually, up from £2,500, as the Energy Price Guarantee rises. The scheme will run for 12 months from April. Autumn Statement 22: Government unveils £13.6bn package to support business rates payers Al...