5/26, 12:06 PM (Source: TeleTrader)
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UK to unveil payments to help with energy prices

British Chancellor of the Exchequer Rishi Sunak will announce his plan to help households across the United Kingdom cope with surging energy prices on Thursday. According to the Times, he is expected to promise up to £600 to 8.4 million poorest British households.

One source in the UK government claimed the total value of Sunak's package is "likely to exceed £30 billion," with £6 billion going to the poorest citizens. The measures will be introduced in addition to £400 discounts on energy bills for every household, the report stated.

Baha Breaking News (BBN) / DJ