A one-off £400 discount on energy bills will be too little, too late to offset vast price rises, middle-class families have said.
Homeowners have told Telegraph Money that they cannot afford to wait until the autumn to receive a penny from the Chancellor’s £15bn cost of living support package announced on Thursday.
Previously households stood to benefit from a £200 energy bills loan, but this sum has now been doubled and will not have to be repaid.
Subsidising demand in a time of dearth might not be the most sensible thing ever. To put it mildly.
‘£400 won’t touch the sides – the squeezed middle class needs £4,000’
Also, the middle class might like £4k but they don’t need it.