Chancellor confirms energy price guarantee will continue at current rate for further three months
Business live updates: government extends energy bill supportQ&A: what Hunt’s U-turn on energy bills support means for you
The Treasury has made a U-turn on a planned cut to energy support for households after warnings that it would plunge many thousands more households into poverty.
On the morning of the chancellor Jeremy Hunt’s budget speech, the government confirmed the energy price guarantee would continue at its current rate, which limits a typical annual household bill to £2,500. It is being extended from April, when it was due to expire, for a further three months until the end of June.
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