Cost of Living: South Holland and the Deepings

The Government is committed to improving living standards for everyone, in every part of the UK. Our strategy for improving living standards is through growing the economy, which is the only way to sustainably increase wages, and through tackling inflation, which erodes people's pay checks

Through action taken at Budget, the Government has eased cost of living pressures for households. From reducing energy bills and freezing rail fares and NHS prescription fees, to increasing the National Living Wage, extending the pensions Triple Lock and removing the two child limit in Universal Credit, the Government has consistently acted to put more money in people's pockets — with further commitments on free breakfast clubs and expanded free school meals ensuring families with children feel the difference too

The government has recently set out further action to continue easing cost of living pressures through a new package of temporary and targeted support. The Chancellor has announced a funded, time-limited Great British Summer Saving package supporting families and businesses with rising costs through a temporary cut in the rate of VAT on summer attractions and children’s meals in restaurants and cafes from 20% to 5% over the summer holidays, and free bus travel across England for children aged between 5 and 15 throughout August. The government has confirmed that there will be no rise to fuel duty this year, with targeted support for those most exposed, including farmers. We have also suspended tariffs on 125 product lines, reducing prices on staple goods, and provided targeted sectoral support including chemicals and ceramics.