Cost of Living Analysis: What New Support Has Rishi Sunak Announced and What Does It Mean for Your Finances?

Rishi Sunak on Thursday unveiled a £ 15bn financial aid package that includes hundreds of pounds of discounts on energy bills to help people overcome a deepening cost-of-living crisis.

The level of support offered has had to be balanced with the concern that injecting too much money into the economy runs the risk of raising prices even further.

Support was “important,” as well as “timely, temporary, and specific,” the chancellor said. But are you right? What has been announced and what does it mean to you?

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