Martin Lewis delighted as Sunak announces all energy bills to reduce by £400 ‘GOOD MOVE’

Martin Lewis lays out when to expect £150 council tax refund

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Money Saving Expert founder Martin Lewis has taken to Twitter to express his delight at the news Chancellor Rishi Sunak will give everyone £400 towards their energy bills. Mr Sunak made the announcement this afternoon in the House of Commons, in a statement on how he plans to help Britons through the cost of living crisis.

“And it is bigger.

“So now ALL energy bills will be reduced by a flat £400 this October.”

On his Twitter feed he also outlined who will receive what. 

The Chancellor annouced one third of all UK housholds will receive one or more of these payments:

£650 for those on benefits

£300 extra for pensioners

£150 on top for those on non means tested disabilities.

Kevin Mountford, savings expert and co-founder of savings platform Raisin UK, also welcomed the news.

He said: “It was positive to see the Chancellor Rishi Sunak announce much need cost-of-living measures which will support the poorest households and pensioners, whilst also providing some support for the squeezed middle.

“The £650 automatic payment will benefit low income households, with disability benefits getting an extra one-off payment of £150 and pensioners getting an extra one-off payment of £300.

“It was also really positive to see the Energy Bills Rebate being changed from a loan to a grant, meaning UK households will no longer have to repay the money given to energy suppliers to lower their bills. Additionally, the rebate has been doubled to stand at £400 per household.”

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