Government scales back universal energy cost support

Under original proposals announced by Prime Minister Liz Truss in September, Government support would run for two years to help support vulnerable people struggling to cope with rising energy bills alongside other cost of living increases. However, this morning (17 October) Chancellor Jeremy Hunt confirmed that universal support would come to an end in April next year, in response to widespread market volatility following the contentious Mini Budget announced at the end of September. Hunt confirmed that the "landmark policy" will stay in place during winter this year, but "beyond that...