Robert Peston Robert Peston

Rishi Sunak’s cost of living gamble

Rishi Sunak (Photo: Getty)

The Chancellor is lending £200 this year to anyone who pays an energy bill in their own name. That’s 28 million people at an upfront cost to the government of £5.5 billion.

The £5.5 billion will go directly to the companies this year, and will be knocked off bills from October.

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