Rishi Sunak announces £350 support for families as energy bills soar - who will be helped and how
manchestereveningnews.co.ukThe government will help around 28 million households this year, Chancellor Rishi Sunak has said, as energy bills skyrocket.
The energy regulator Ofgem sets a new price cap - the maximum amount suppliers are allowed to charge their customers - every six months, and it affects around 22 million homes across England, Wales and Scotland.
From April, the average household energy bill will soar by £693 to as much as £1,971 - a 54 per cent hike - due to an unprecedented rise in wholesale gas prices.
Mr Sunak says the government's plan to help with the cost of living is worth around £9 billion and will cover just over half of the rise for households at £350. READ MORE: Energy bills surge for millions as Ofgem lifts price cap - what you need to know and how it will affect you Addressing the House of Commons today, the Chancellor set out the three ways financial support will be delivered.
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