Spring Statement

• Two-thirds of the financial benefit from raising the national insurance personal allowance will go to better off households
• Average annual wage will fall by £552 this year compared to 2021 under the Chancellor’s plans
• Chancellor should have penalised DP World by withdrawing public contracts

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Justina Miltienyte, energy policy expert at Uswitch.com , said: “The Spring Statement delivered some support for customers struggling with rising household bills but the announced measures are not targeted enough to really help those most in need.

“Consumers are already desperately worried about what will happen to their bills this winter, and this was a missed opportunity to offer...