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Cost of Living POLL: Should Rishi Sunak allow second home owners to say £400 grant twice | Personal Finance | Finance

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Chancellor Rishi Sunak is within the highlight as his high taxes, high spending fiscal policy divides pinion. He has set out a major financial package to support households as annual energy bills could hit £2,800 by the autumn. Thousands and thousands will receive a £400 discount on their energy bills and a £5billion windfall tax will likely be enforced on energy corporations.

These were unveiled as a part of emergency measures to counteract rising inflation which has reached a 40-year high.

Are you pleased with Rishi Sunak’s plan to assist Britons with the price of living crisis?

Every household within the UK will likely be given £400 by the Government in October to support an extra hike in energy bills.

Mr Sunak has also brought in a £650 payment for eight million of the worst-off households paid in two instalments in July and the autumn.

As well as, a one-off £300 payment for an extra eight million pensioner households and £150 for six million disabled people may also be rolled-out.

The emergency measures are funded by a further £10billion of borrowing by Mr Sunak who insisted he had a “responsible fiscal policy”.

Mr Sunak said: “We all know that individuals are facing challenges with the price of living and that’s the reason today I’m stepping in with further support to assist with rising energy bills.

“We’ve got a collective responsibility to assist those that are paying the best price for the high ­inflation we face. That’s the reason I’m targeting this significant support to tens of millions of essentially the most vulnerable people in our society.

“I said we might stand by people and that’s what this support ­does today.”

But Mr Sunak’s announcement was greeted by heckles and shouts of “what took you so long” and “about time”.

So what do YOU think? Are you pleased with Rishi Sunak’s plan to assist Britons with the price of living crisis? Vote in our poll and leave your thoughts within the comment section below.

Should Rishi Sunak be allowing second home owners to say £400 grant twice?

Under Mr Sunak’s plan, second homeowners will likely be eligible to save lots of £400 on their energy bills for every property.

The Treasury confirms that there is no such thing as a restriction on how over and over individuals can profit from the handouts.

Each Prime Minister Boris Johnson and Mr Sunak will receive advantages for his or her multiple properties.

It is known that Mr Sunak will donate his grants to good causes in his constituency.

So what do YOU think? Should Rishi Sunak be allowing second home owners to say a £400 grant twice? Vote in our poll and leave your thoughts within the comment section below.

Has Rishi Sunak boosted Labour’s rankings after the announcement?

Shadow chancellor Rachel Reeves said the Government had been dragged “kicking and screaming” into backing Labour’s plans.

She said: “After today’s announcement, let there be little question about who’s winning the battle of ideas in Britain. It’s the Labour Party.

“Today, it seems like the Chancellor has finally realised the issues the country is facing. We first called for a windfall tax on oil and gas producers nearly five months ago to assist struggling families and pensioners.”

Latest YouGov polling (as of May 19) placed the Government’s approval rating at 21 percent.

Compared, 62 percent disapprove of the Government and 17 percent said they didn’t know.

So what do YOU think? Has Rishi Sunak boosted Labour’s rankings after the announcement? Vote in our poll and leave your thoughts within the comment section below.

Is the assistance enough to enable you with the price of living crisis? 

Mr Sunak’s emergency measures will provide some much-needed support to tens of millions of households, but some argue it just isn’t enough.

Labour’s deputy leader Angela Rayner claimed Mr Sunak’s plans were designed to act as a distraction to the Partygate scandal.

She also said the measures have come too late to assist struggling families.

She told the Local Democracy Reporting Service at a trade union rally in Newcastle on Thursday night: “He could have done this months ago, Labour has been calling for them to take motion months ago, and today’s announcements don’t really do anything now. 

“We all know the costs are going to go up again in October and persons are really fearful, they’re struggling, already turning the heating off and worrying about how they’ll feed their families.

“What the Tories have done today is to try to distract from what is occurring of their government and it’s nowhere near enough.”

So what do YOU think? Is the assistance enough to enable you with the price of living crisis? Vote in our poll and leave your thoughts within the comment section below.

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