The Chancellor of the Exchequer, The Rt Hon Rishi Sunak MP, has today written to all Members of Parliament to outline what steps the Treasury is taking to help with the rising cost of living.
The Government has introduced three measures to help. These are:
- A £200 ‘smoothing’ rebate on energy bills for all households, to be paid back over the next five years
- A non-repayable £150 cash rebate for homes in Council Tax bands A-D
- £144 million of discretionary funding for local authorities to support households not eligible for the council tax rebate
Speaking about the letter, Giles Watling MP said:
"The rising cost of living is deeply worrying and I thank the Chancellor for the action he has taken."
"It is only too right that the Treasury has taken these steps to ensure that those who will be affected by the raising of the energy price cap will be supported by this government. It is important that we continue to focus on the real issues that matter as we recover from the Covid-19 pandemic."
The full letter from the Chancellor can be found below.