Home Finance Age Cymru’s Response to today’s budget

Age Cymru’s Response to today’s budget

by Martyn Jones
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Age Cymru’s Response to today’s budget

Age Cymru’s chief executive Victoria Lloyd says: “We welcome the extension of the support with energy bills for three months until July. However, it is worth remembering that even with this support, average household bills are still double the level they were during winter 2021-22, leaving many older people on low fixed incomes in an extremely difficult position.

“The reintroduction of the triple lock this April will help of course but we are worried about how some older people in Wales will manage financially as they simply can’t make any further cuts to their household budgets and very few are able to increase their income.  Older people in Wales will need further support.

“Looking beyond this extended support, the Government at Westminster needs to implement policies that prevent wild fluctuations in energy bills so that older people can plan for the future with some degree of certainty.”

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