Rishi Sunak is set to announce a new support package to help tackle the cost of living crisis affecting millions of households across the country. The Chancellor is expected to unveil his new plan on Thursday (May 26) in the wake of the fallout from the partygate scandal.
It is widely expected that a windfall tax on oil and gas companies will generate funds to support the most vulnerable. It will be part of a set of measures expected to be worth around £10bn, which could also include a higher discount on heating to help low-income households deal with soaring energy bills.
Measures have also been discussed to increase the winter fuel allowance.
