Cost of Living Increase: Impact on Households

Part of Treasury – in the House of Commons on 15th March 2022.

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Photo of Gerald Jones Gerald Jones Shadow Minister (Wales), Opposition Whip (Commons)

Citizens Advice has told me that one in six people in my constituency of Merthyr Tydfil and Rhymney are unable to pay their energy bills right now, and that is before they spike next month and before the Chancellor’s national insurance hike. Some 86% of people said that they did not think that the October energy loan scheme would make a difference in helping to pay their bills. The conflict in Ukraine will inevitably lead to a further surge in energy prices, so if he will not accept Labour’s suggestion of a windfall tax on oil and gas producers, what exactly will the Chancellor do now to relieve the pressures on people in my constituency and across the country?