I welcome the Chancellor’s announcement of £9 billion of support for households across the UK to help ease growing pressures from the rising cost of living. The UK Government are ensuring every household in the UK receives the support they need to tackle the rising cost of living.
Cost of Living
The UK Government has launched a £450 million Boiler Upgrade Scheme. Homeowners across Wales can now benefit from £5,000 grants to fit clean heating systems, such as heat pumps.
I met with the Chancellor, Rishi Sunak to convey concerns regarding the rising cost of living and to hear what steps the UK Government is taking to help tackle this crisis.
As the UK economy continues to recover from the pandemic, we must confront the global pressures caused by the world economy coming swiftly back to life. Much of this inflation is being driven by the rising cost of energy due to increased demand worldwide- and that feeds through into pressures on the cost of living.