UK Business

Rishi Sunak's £15 billion cost-of-living package and windfall tax: four experts respond

Written by Jonquil Lowe, Senior Lecturer in Economics and Personal Finance, The Open University

Rishi Sunak, the UK chancellor of the exchequer, has unveiled a £15 billion package of measures to help households with the cost of living, after energy watchdog Ofgem announced it would probably be increasing the price cap on energy bills by over £800 a year to £2,800 in October.

Picking up part of the tab is oil and gas...

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