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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose and Rowena Mason

Treasury preparing 11th hour package to soften national cost of living crisis

Protesters in London hold signs calling for an end to fuel poverty and help with heating bills.
Protesters in London hold signs calling for an end to fuel poverty and help with heating bills. Photograph: Vuk Valcic/SOPA Images/REX/Shutterstock

The Treasury is scrambling to complete 11th-hour plans capable of softening a national cost of living crisis, including a £200 rebate on energy bills and more help for the poorest households.

No 10 and the Treasury have been under pressure from Tory MPs to act as millions of households brace for a record hike in energy bills from April, and the prospect of rising mortgage rates and tax increases.

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