Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Kate Devlin

Extra £12bn ‘needed to maintain value of energy bills help’

Ministers need to announce another £12 billion of help for households to keep pace with higher than expected energy prices forecast for this autumn, a leading financial think tank has warned.

The Institute for Fiscal Studies (IFS) said the money was required if the government still wanted to provide the same level of aid it set out this spring.

The effect of that support, unveiled by the then chancellor Rishi Sunak, has shrunk as predicted energy bills skyrocket.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.