New analysis from Stoke Labour reveals the true scale of next month’s energy hike on families in Stoke, as bills begin to land on people’s doorsteps informing them of the bumper price rise.
The analysis reveals that households across Stoke-on-Trent will pay an extra £73.7m thanks to the huge hike in prices.
In addition, while the Conservative Government refuses Labour’s plan to support families through a tax on the bumper profits of oil and gas companies, the Conservatives plan to force every household to take out a £200 loan, would leave families in Stoke saddled with £21.3m worth of debt.
Publishing the figures, Stoke Labour Leader Councillor Jane Ashworth OBE said,
“The cost of living crisis is about to get an awful lot worse for families all over Stoke with energy prices set to soar by £73.7m across our area. Yet instead of the real support Labour is proposing – all fully funded by a fair tax on the bumper profits of oil and gas companies – the Conservatives are forcing every single family in Stoke into debt to pay their bills.
“As inflation hits a 30 year high families need real support, not more debt. Yet incredibly the Conservatives are still pushing forward with their National Insurance rise – pushing taxes higher than at any time since the reign of King George VI.
“Labour has a plan to support families in Stoke, but these Conservatives haven’t got a clue – and that’s hurting us all.”