Inflation: Young People

(asked on 22nd June 2022) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what plans they have to introduce additional measures aimed at helping young people deal with inflationary pressures.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 1st July 2022

The government understands that millions of people across the UK, of all ages, are worried about the rising cost of living.

From 1 April 2022, the National Minimum Wage for people aged 21-22 increased by 9.8% to £9.18 an hour and the Apprentice Rate increased by 11.9% to £4.81 an hour.

On 26 May 2022, the government announced over £15 billion of additional support for households, targeted particularly on those with the greatest need, bringing total government support for the cost of living to over £37 billion this year.

Young people may be able to benefit from the additional support the government is providing, including:

• £400 off household energy bills from October through an expansion of the Energy Bills Support Scheme (EBSS);

• a one-off Cost of Living Payment of £650 for households on means-tested benefits; and an additional one-off disability Cost of Living Payment of £150 for disabled people;

• an extra £500 million of local support, via the Household Support Fund, for those in need of additional support

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