Despite warnings of a sting in the tail of higher taxes and borrowing, the Chancellor said every household would get £400 off energy bills. The neediest will pocket as much as £1,500.
Rishi Sunak said inflationary impact of his spending spree will be 'manageable'. The Chancellor has announced every household would get £400 off energy bills.
Mr Sunak declared the Government would never 'sit idly by while there is a risk that some in our country might be set so far back they might never recover'. He acknowledged his spending spree could have an 'inflationary impact'. But he insisted it was 'manageable' because most of the cash was directed toward people who would otherwise struggle to pay their bills
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