Rishi Sunak, the UK chancellor of the exchequer, has unveiled a £15billion package of measures to help households with the cost of living, after energy watchdog Ofgem announced it would probably be increasing the price cap on energy bills by over £800 a year to £2,800 in October. Picking up part of the tab is oil and gas companies, with a temporary windfall tax that is expected to bring in about £5bn. We asked four experts what they made of the announcement...
Cost of living crisis
Jonquil Lowe, Senior Lecturer in Economics and Personal Finance, The Open University