EconomySpeeches

Nadhim Zahawi – 2022 Comments on Cost of Living Support

The comments made by Nadhim Zahawi, the Chancellor of the Exchequer, on 25 August 2022.

I know people are really concerned by rising prices so I’m glad that over a million more low earners will shortly receive their first Cost of Living Payment. We are also preparing options for further support so the new Prime Minister can hit the ground running.

Alongside £400 off most people’s energy bills, tax cuts and the Household Support Fund, these direct payments are a very important part of our £37 billion package of help for households, which is targeted at those who need it most.