This week has been brutal for the poorest and most vulnerable.
Last night Conservative MPs voted to hand bankers a tax cut worth £1,000,000,000 each year whilst at the same time they’re pushing ahead with their National Insurance tax hike on workers.
Meanwhile the energy price cap rise has been announced today at 11am, revealing a massive bills hike for around 22million households from the start of April, with the government saying that they will offer people that pay for their energy by bills £200 towards the cost of this. This won’t cover the price increase by any means and nor have they addressed people that use pre payment meters.
The predicted energy price costs are set to increase by £708 a year from £1,309 to £2.017 for those dependent upon pre-paid energy meters. For those paying by bills its set to rise by £693 a year to £1.971.
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