The worldwide economic shocks caused by the pandemic and Putin's invasion of Ukraine have led to rising prices and families across Birkenhead feeling the pinch.
As well as unprecedented help from Cost of Living Payments for those most affected, the best way to help everyone to get through this is to tackle inflation. At the same time, Wirral Council has been given millions of pounds for the Household Support Fund to help those most in need.
With the Conservatives:
- £94 billion cost of living support package: This will help millions, including extra support for the most vulnerable: low income households, pensioners and disabled people
- Energy Price Guarantee: extending the Energy Price Guarantee at the current level until the end of June 2023 and keeping the Guarantee in place until 2024, helping every household – by keeping typical household bills to £2,500
- National Insurance Contributions cut: putting more money in your pocket by cutting National Insurance contributions by 1.25% – saving 27.8 million an average of £330 in 2023-24
- National Living Wage up by £1,600: the largest increase in history – more than 2 million low paid workers will benefit from a new hourly rate of £10.42
- Pensions Triple Lock protected: delivering the security pensioners deserve, the State Pension increased by 10.1% in April – the biggest cash increase in the State Pension ever