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Business
Nicole Goodwin

North East reaction to Rishi Sunak's support package to help households grapple with the cost of living crisis

"It's not enough."

That's the reaction from one North East foodbank today as Chancellor Rishi Sunak introduced "a significant set of interventions to support the most vulnerable in our country".

In a screeching U-turn, Mr Sunak announced that he would be imposing a windfall tax on the soaring profits of oil and gas firms to fund a cost of living relief package. The 25% energy levy is expected to raise around £5billion that will be used to fund a £650 on off payment for more than eight million families to support them during a cost of living crisis.

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