What options could the government be considering to ease the squeeze on household budgets?
More recently, Conservative peer Lord Forsyth said the uplift should be restored "in the name of humanity".The government's response to these calls was to cut the universal credit taper rate, which meant people on benefits could keep more of what they earn.
That was the thinking behind the recently announced energy bills rebate, which about 80% of households will receive.Mr Sunak has attempted to position himself as a "tax-cutting" Conservative in the mould of his political idol, former Prime Minister Margaret Thatcher.a £12bn hike in National InsuranceIn April, the policy will see NI contributions rise by 1.25% to fund social care and health services in England.
In February, Sunak promised a £150 council tax rebate for properties in bands A to D, and a £200 cut to energy bills in October, to be repaid over five years. These loans would "smooth out the volatility" in energy prices and allow them to spread the rise in bills over time.No 10 asked the business secretary to come forward with a series of proposals to ease energy bills.
Labour's version involves increasing corporation tax by 10 percentage points for North Sea oil and gas producers from April.
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