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Thursday, March 16, 2023

Local MP welcomes measures in Spring Budget

* Simon Baynes MP, right, with the Chancellor Jeremy Hunt.

Clwyd South MP Simon Baynes has welcomed the Chancellor’s £94 billion cost of living package and extension of the Energy Price Guarantee at £2,500 in the Spring Budget.

The Chancellor announced that the Energy Price Guarantee (EPG) will remain at £2,500 for another three months, saving a typical family £160 on their energy bill. 

He says this extension means the typical household will have saved £1,500 on their energy bills since 2022 thanks to the UK Government’s measures. 

The Chancellor also announced in the Budget the end to the premium paid by over four million households using prepayment meters across the UK. 

He said this will be achieved through adjusting the EPG from the 1 July to bring prepayment metered customers in line with the EPG until it ends in April 2024.

The Chancellor also announced fuel duty will be frozen for a thirteenth consecutive year, saving the average driver around £200 since the 5p cut was introduced. 

Commenting, Simon Baynes MP said: “I was very pleased to meet with the Chancellor last week to put forward the issues in Clwyd South which I was keen for him to address in the Budget. I was delighted to see that he took note of my comments and those of my colleagues, and produced a very positive Budget Statement.

“Rising energy prices, caused by the aftermath of Covid and Putin’s war in Ukraine are rightfully worrying people across Clwyd South. 

"Since the beginning of the energy crisis, the Government has put in place £94 billion of support and today’s announcement on the Energy Price Guarantee will be a great relief for families across Clwyd South.”

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