Because of the actions this government took at the last Budget, the energy price cap is coming down by £117, and that means lower bills from April.
Don’t just take my word for it. Ofgem have said themselves this morning that “the main driver of today’s reduction is the change to policy costs announced by the chancellor in the Budget.”
Now I won’t carried away. While this is good news, I know that there is more to do to tackle the cost-of-living crisis and make sure people in Southampton feel the difference in their pockets.
That’s why it’s vital that we continue to build on what we’re already doing to tackle the cost-of-living crisis: freezing rail fares and prescription charges; reducing the cost of childcare; rolling out free school meals and breakfast clubs; capping ground rents for leaseholders. And boosting the minimum wage – again.
I’ll continue to support and argue for choices that protect the pounds in your pockets.