"Under one plan, extra cash could be injected into the Crisis and Resilience Fund (CRF), a 1bn a year council-run scheme that takes effect from Wednesday to provide preventative support to communities, as well as assisting people when faced with a financial crisis."
"Chancellor Rachel Reeves is examining plans to support households with energy bills forecast to hit nearly 2,000 a year from July, while ruling out the universal support offered by Liz Truss's government in 2022."
"Between 2022 and 2024, after Russia's invasion of Ukraine, Treasury calculations show that households in the top 10% of earners received an average of 1,350 of direct energy bill support."
"Torsten Bell, a minister in the Department of Work and Pensions and the Treasury, is understood to be coordinating the government's response, expressing concern that bailouts only targeted at benefit claimants will attract negative headlines."
UK ministers are exploring options to provide financial support to families impacted by rising energy costs linked to the conflict in the Middle East. Plans include potentially increasing the Crisis and Resilience Fund to assist households facing hardship from escalating energy bills. Chancellor Rachel Reeves is evaluating targeted support, avoiding universal measures from previous administrations. Thinktanks emphasize the need for swift identification of the poorest households, as previous support disproportionately benefited higher earners. Concerns exist about media perceptions of targeted bailouts for benefit claimants versus lower-paid workers.
Read at www.theguardian.com
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