Millions of households face a financial double whammy consisting of a £900 average rise in their energy bills next year along with possible increases in council tax under plans to be unveiled in this week’s Budget.
Whitehall sources told the Daily Mail that Chancellor Jeremy Hunt is poised to slash Government subsidies and allow average annual bills to reach £3,000 from April.
The new level is £500 above the current £2,500 energy price ‘guarantee’ set out by Liz Truss, which was originally supposed to last for two years, and almost treble the £1,042 average in April 2020.
Sources told the Mail that a £400 one-off payment reducing bills for all households this winter will not be repeated, leaving millions facing an average rise of £900 in total – an extra £75 per month.
Mr Hunt, who dubbed himself ‘Scrooge’ yesterday, said universal support would continue to help families next year but added ‘there has to be some constraint’ before warning that ‘sacrifices’ were required across the board to get the economy back on track.
The impending economic turmoil facing millions of Brits is only set to be compounded by Government plans to allow local authorities to increase council tax. The inclusion of such proposals in Thursday’s Budget has not yet been confirmed but is said to be ‘more likely than not’, according to The Times, in an attempt to pay for social care.
Meanwhile, the Chancellor is also said to be planning to cut education spending – an ‘indefensible’ move which saw 28 Conservative MPs sign a letter claiming that it ‘would not be morally right’ in the wake of school closures amid the pandemic.
Read more: The bastards who created the economic mayhem with ‘Covid’ lockdowns now say millions face further cost of living pain next year as Budget could see energy bills go up AGAIN by £900 while Jeremy Hunt (misspelled, surely, Ed?) admits council tax rises are ‘more likely than not’. Jail the lot of therm for crimes against humanity