Liz Truss doubles down on refusing to offer support over rising energy bills

Guardian News published this video item, entitled “Liz Truss doubles down on refusing to offer support over rising energy bills” – below is their description.

Liz Truss has doubled down on her refusal to offer financial help to people struggling with the cost of living crisis, as energy bills were forecast to exceed £4,200 annually from January, and rise further during 2023. While not definitively ruling out direct help other than tax cuts, the foreign secretary and Tory leadership contender would only confirm plans to reverse the recent increase in national insurance and to temporarily suspend green levies on energy bills

Liz Truss doubles down on refusal to offer support over rising energy bills

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In This Story: National Insurance

National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

Introduced by the National Insurance Act 1911 and expanded by in 1948, the system has been subjected to numerous amendments in succeeding years. Initially, it was a contributory form of insurance against illness and unemployment, as well as eventually provided retirement pensions and other benefits.

Weekly income and some lump-sum benefits are provided for participants upon death, retirement, unemployment, maternity and disability. In order to obtain the benefits which are related to the contributions, a National Insurance number is necessary.

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