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reintroduce the £400 energy support scheme
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https://www.theguardian.com/business/live/2023/may/25/energy-bills-ofgem-price-cap-gas-electricity-cost-of-living-business-live
The chancellor has said he “is willing to do what it takes” and increase support for households if energy bills rise again this autumn.
In an interview with Sky News, Jeremy Hunt was asked if he could guarantee he would step in if energy bills start rising again.
Hunt says:
We’ve shown in the past that where they are acute pressures that people face unexpectedly, we want to do everything we can to help families.
Hunt says he doesn’t want to predict how energy prices will develop. The government doesn’t expect a repeat of last year’s price surge, but it doesn’t know that for sure.
The chancellor said:
“All I can say is that I think I’ve demonstrated in the autumn statement, and the spring budget where I extended the energy price guarantee for another three months, funded in part by a windfall tax on the oil companies, that we are willing to do what it takes.”
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