Signals Support

Chancellor says the government is looking at ways they can support people based on household income Good morning. Keir Starmer is giving a press conference this morning where, according to No 10, he will discuss the Iran war, and how the government is supporting people at home. Now we are in April, the new financial year is starting, and the government is highlighting measures it has introduced that will help people with the cost of living. The Conservatives have an alternative list, and they are claiming this morning that “Keir Starmer and his chancellor have piled on extra costs leaving families almost £1,000 worse off this year”.The chancellor, Rachel Reeves, has been doing her own media too. She is on the Jeremy Vine show later, but she has already given an interview to BBC Breakfast in which she gave a marginally clearer idea of what she is planning to do to help people with energy bills than she did when she made a statement to MPs last week.From July to September, gas usage, especially by families and pensioners, is the lowest of any months of the year because it is the summer months …It will be really from the autumn onwards that people’s gas usage starts increasing. So at the moment we are working on a range of contingencies. And we are looking at more targeted measures. We are looking at ways we can support people based on their household income.I want to learn the lessons of the past because when Russia invaded Ukraine, the richest, the best-off third of households got more than a third of the support. That makes no sense at all. Continue reading...

PM indicates he would prefer to focus taxpayer-funded help on poorest households, rather than universal bailoutMinisters are looking at providing support for household bills next winter, Keir Starmer said, as he suggested the energy price shock unleashed by the Iran conflict could continue for months to come.The prime minister indicated he would prefer to focus any taxpayer-funded help on the poorest households, rather than an expensive universal bailout, ahead of an emergency meeting on the economic fallout of the Middle East crisis. Continue reading...