Summary
[The British government held a press conference to announce the government compensation plan for rising energy prices]On February 3, local time, the British government announced that from April, the price of living energy used by households in England, Wales and Scotland will increase by up to 54%. British Chancellor of the Exchequer Sunak then hosted a press conference and announced the government compensation plan. Compensation plans include about four-fifths of households in the UK getting a £200 energy discount in 2022, repaying the payment over five years, and a £150 council tax rebate per household. (CCTV News Client)
On February 3, local time, the British government announced that from April, the price of living energy used by households in England, Wales and Scotland will increase by up to 54%. British Chancellor of the Exchequer Sunak then hosted a press conference and announced the government compensation plan.
Compensation plans include about four-fifths of households in the UK getting a £200 energy discount in 2022, repaying the payment over five years, and a £150 council tax rebate per household.
Sunak said the British government cannot deal with factors beyond its control. What it can do is to adapt to the high price of energy and reduce the unpleasantness caused by the price. He said that the factors driving energy prices are global, and it is difficult for him to see the future direction. Sunak said energy prices could rise again in October.
(Article source: CCTV News Client)
Article source: CCTV News Client
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UK government holds press conference on rising energy prices to announce government compensation scheme
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