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London, UK
Joined October 2009
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Reports suggest the chancellor is planning to announce targeted support with energy bills for the poorest households in the budget. But Hannah Peaker argues this doesn't go far enough.
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The chancellor must use the budget to protect people from the rising cost of living. Alex Chapman sets out what we want to see - including: 💡A National Energy Guarantee 🏡An emergency brake on rents 🚌A £1 bus fare cap and free bus travel for under 25s
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Raising taxes on banks is the right thing to do! For too long governments have propped up the financial system, and since 2022 this has cost the taxpayer billions... theguardian.com/uk-news/2026…
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This means, instead of supporting families with the cost of living crisis or making inflation-busting investments in the future, the government is handing money over to the financial sector.
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Quantitative easing helped banks after the financial crisis, but few bankers were held responsible for the crisis their sector caused. It's only right now that banks pitch in to help us weather the cost of living crisis.
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Living standards are falling - something not many governments can survive. If the chancellor wants to do something about living standards, he needs to offer a package of policies at the budget that help people with the cost of living. Hannah Peaker on the New Economics Podcast
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This is welcome news for the chancellor, but these figures will be little for consolation for people who are still being squeezed by the cost of living crisis.
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We still haven't recovered from the cost of living crisis + energy bills are set to rise this winter + there's the threat of rising interests. People are going to be under even more pressure, with demand squeezed as a result.
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To achieve growth that people feel benefits them, the chancellor needs to tackle the cost of living in this budget with: - a national energy guarantee - rent controls - further support on transport, including a £1 bus fare cap.
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THE POLITICIANS MOST CERTAINLY HEARD US Thanks to our supporters, who showed up in huge numbers yesterday in Westminster demanding a cost of living budget!
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OUT NOW: A special episode of the New Economics Podcast with Ayeisha Thomas-Smith and NEF deputy chief executive, Hannah Peaker, to set out what we want to see from the upcoming budget and why it must tackle the cost of living crisis.
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It's back! Tomorrow we're dropping a special pre-budget episode of the New Economics Podcast where Ayeisha Thomas-Smith will be chatting to Hannah Peaker about why now is the time for the chancellor to act on the cost of living crisis🔥
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It's only fair that income from wealth is taxed at the same rate as income from work. It was disappointing to hear the chancellor rule this out from the upcoming budget. @GeorgeBangham on @TimesRadio
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Very disappointing news here: rejecting the chance to raise £19.7bn from raising Capital Gains Tax to help fund badly-needed cost of living support for households would be a historic mistake at the Budget.
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TODAY IS THE DAY COLA are in Westminster fighting for a future we can all afford, starting with a cost of living budget in two weeks time. The reasons that we are here couldn't be clearer.
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