Energy bill help would be based on household income, Reeves says
The chancellor tells the BBC it is "too early" to say exactly who would get help but hinted any support would not arrive until the autumn.
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The chancellor tells the BBC it is "too early" to say exactly who would get help but hinted any support would not arrive until the autumn.
Chancellor Rachel Reeves has pledged future assistance for rising energy bills but emphasized that support will be targeted and not immediate, aiming to avoid blanket measures that could lead to higher taxes or reduced public services.
Households face multiple bill increases this April, including council tax, water, broadband, and mobile phone costs, with charities warning of financial strain. Energy bills are set to rise by 18% from July, despite a temporary 7% reduction in April due to the latest price cap.
UK Finance Minister Rachel Reeves stated that support for energy bills will be based on household income, indicating that assistance will be targeted rather than universal.
UK Finance Minister Rachel Reeves stated that any government support to offset increased energy costs due to the Middle East conflict would be based on household income, with specifics yet to be determined.
UK Finance Minister Rachel Reeves confirmed that any support to mitigate rising energy costs from the Middle East conflict would be means-tested based on household income, with details to be announced later.
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