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Daily Mirror
Daily Mirror
Business
Emma Munbodh

Spring Statement: 7 money announcements that could ease the cost of living crisis

Anti-poverty charities are calling on the Chancellor to use today's Spring Statement to deliver emergency support to households on the brink of poverty due to an escalating cost of living crisis.

StepChange said welfare benefits must be increased in line with inflation and more support must be introduced ahead of a price cap hike that will see energy bills rise to an average of £2,000 a year.

Without that, many more people will fall into "problem debt" the charity said.

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