How will John Healey’s energy support package affect you?

Chancellor’s ‘new course’ includes a £100 one-off payment, low-carbon upgrade loans and an end to standing charges John Healey has unveiled a package of support for households being buffeted by “global economic storms”. “I’m setting a new course to get energy costs down in line with Europe,” the chancellor said in his maiden budget.

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In the long term, he hopes that changes in how Britain covers the cost of renewables and grid upgrades will “drive down all aspects of energy bills”. Continue reading...