Cost of living update
Gareth Bacon MP Gareth Bacon MP
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 Published On Apr 11, 2024

From this month, the energy price cap falls by 12%. Taken with the sharp fall in inflation, and the tax cuts announced by the Chancellor, people in Orpington will begin to see a real difference in their pockets.

We've had a tough few years because of major unexpected events (the pandemic and the war in Ukraine) causing shocks to global economies and driving up prices. And this government spent many billions of pounds supporting people and businesses during this time. Despite the shocks, we have now turned a corner, and this is just the beginning. I will keep pushing for sensible and targeted tax cuts to help working people in Orpington.

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