"Ministers are looking at providing support for household bills next winter, as the energy price shock unleashed by the Iran conflict could continue for months to come."
"Starmer promised to look at every lever that's available to help people cope with the cost of living impact, with ministers understood to be discussing contingency plans."
"We're looking at in the first instance what happens when the current price cap ends, which is the end of June, and the following one starts in the autumn."
"He suggested there would be no repeat of Liz Truss's universal bailout, indicating a focus on targeted support for the poorest households."
Ministers are evaluating support for household energy bills next winter due to ongoing price shocks from the Iran conflict. The prime minister prefers targeted assistance for low-income households over a universal bailout. An emergency meeting will address the economic impact of the crisis. Starmer emphasized the need to explore all available options to help people manage living costs. Rachel Reeves will provide updates on UK energy security but will not announce specific consumer support. Plans include means-testing support as energy prices rise in the coming months.
Read at www.theguardian.com
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