The details of Rishi Sunak’s cost-of-living crisis plan

New support package will be partly funded by a temporary windfall tax on oil and gas companies

Rishi Sunak
Chancellor Rishi Sunak has said that every UK household will receive £400 towards their energy bills
(Image credit: Leon Neal/Getty Images)

Rishi Sunak has set out a £15bn emergency package of measures to help support households struggling with the rising cost of living – funded by a temporary windfall tax.

The chancellor said the government would provide “significant support for the British people” as he announced the intervention, having faced mounting pressure to take action to combat rising energy costs for millions, with annual bills set to rise by another £800 in the autumn.

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 Sorcha Bradley is a writer at The Week and a regular on “The Week Unwrapped” podcast. She worked at The Week magazine for a year and a half before taking up her current role with the digital team, where she mostly covers UK current affairs and politics. Before joining The Week, Sorcha worked at slow-news start-up Tortoise Media. She has also written for Sky News, The Sunday Times, the London Evening Standard and Grazia magazine, among other publications. She has a master’s in newspaper journalism from City, University of London, where she specialised in political journalism.