The Chancellor faced pressure to impose a windfall tax
After facing pressure to impose a windfall tax on the soaring profits of oil and gas firms to fund a relief package for households struggling with rising bills Rishi Sunak has announced emergency measures.
As well as the universal payment there was targeted support for the poorest, the elderly and the disabled. The £400 in universal support from October replaces the initial plan for a £200 loan, with Mr Sunak scrapping the requirement to repay the money.A one-off £650 payment to more than eight million low-income households on benefits.The package would mean that almost all of the eight million most vulnerable households would receive at least £1,200 of support, including a £150 council tax rebate which has already been announced.
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