Between Covid and Putin’s war in Ukraine, the world is facing a global rise in the cost of living. So the government is taking action to help local people deal with the rise in prices.
We believe hard work should be rewarded. Which is why the government is supporting workers on the lowest incomes by raising the National Living Wage to £9.50 an hour. Helping fulltime workers earn an extra £1,000 a year. Which means more money to support their families, and save for the future.
We’re also saving workers an extra £330 a year, by raising the National Insurance personal threshold. So no one will pay any tax on the first £12,570 they earn. And we’ve cut fuel duty by 5p per litre - the biggest cut to all fuel duty rates ever.
Keeping fuel prices low, so you’ve got more money in your pocket. Plus, we’re funding a £150 council rebate, for all households in tax bands A-D, to help with the cost of living