It’s no secret that the cost of living crisis has hit Brits from each part of the country.
As more and more of us look for ways to ease the pressure on our bank accounts,Rishi Sunak may be on his way to providing some relief.
The chancellor is set to tackle energy bills with a package in July, before focusing on general tax cuts in the autumn.
Though summer may be on its way at the moment, heating homes in the winter is a worry for many. From October, the Warm Home Discount is giving three million of England and Wales' poorest homes £140 off their bills.
The warm home discount is a one-off discount on electricity bills and those who are eligible will have to prove themselves.
Now,The Timesreports that Treasury officials have also drawn up plans for a one-off discount of £300, £500 or even £600.
The extra measures could cost more than £1 billion and would be directly funded by the Government, instead of being slapped on the nation's already-surging energy bills.
Last week there were reports thatthousands of families could be entitled to a free £120as they face therising cost of food and energy bills.
The scheme is thanks to the Household Support Fund, which has been giving out financial aid since October 2021.
As part of Chancellor Sunak's Spring Statement, an additional £500million was added to the fund in order to help Brits who have been left feeling the pinch.
The scheme sees different local councils receiving the money, who are then able to choose how much to hand out and who to hand it out to.
This comes after Martin Lewis explained how people earning £30,000 or less could be entitled to extra cash.
Martin says households with an overall income of less than £30,000 could be on track for monetary help from the government.
You'll have to go online for around 10 minutes to see if you're eligible and there's no time like the present, given the rise in energy prices recently.
Martin took to Twitter in April and said: "Do you have total (family) income under £30,000? If so and you don't get any benefits, it is worth ten minutes on our free benefits calculator… to see if you're missing out on entitlements. I’m NOT saying all will be due, just it's worth the time to check."
In another savvy money hack,one mum discovered she could make savings of £912 per monthto help deal with increasing energy prices.
Lynn Beattie,who runs the Mrs Mummypenny finance blog, gave the tip on her blog which is full of practical money-saving advice.
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