Budget must tackle cost-of-living crisis
Budget must tackle cost-of-living crisis

Next week, the Chancellor will hold his Spring Budget, one week before millions of people across Sheffield and the country face a rise of more than £600 in their energy bills, as well as the rising cost of bills, petrol and the Tory National Insurance hike.

Louise Haigh MP for Sheffield Heeley is calling on the Chancellor to stand up for people and cancel the National Insurance hike and back Labour’s plan for a windfall tax to support people with their energy bills.

From the beginning of April, people across the country will see their bills rise by more than £1,000 with the rise in energy and petrol prices. This is even before higher Council Taxes and the Tory National Insurance hike comes into effect.

The Chancellor must use his Budget to take action to ease the burden on people and their finances. He must immediately cancel his National Insurance rise and back Labour’s plan of a one-off windfall tax on the soaring profits of oil and gas producers, which could save people up to £600.

He must also invest to turbo charge our transition and drive a clean transport revolution so never again are we left exposed to unstable foreign oil.

This is his last moment to comprehensively address the cost-of-living crisis that millions are facing.  If he fails to do so, then it is people across this country that will pay the price.

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