Thinktank proposes £175 cut on energy bills

The Resolution Foundation has proposed a £2 billion emergency scheme to cut energy bills by up to £175 for low-income households this winter, targeting those where the highest earner earns £24,000 or less. The initiative aims to support 40% of households, providing relief amid rising wholesale gas prices, with plans to implement it from January. The proposal emphasizes the need for targeted assistance to reduce energy costs and address the rising cost of living for the most vulnerable.

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