The Newshound

Most eligible households will not spend Healey's £2.6bn energy payment on bills, and one in seven plan a HOLIDAY

Energy bills from suppliers including Southern Electric, EDF Energy and British Gas. Around a third of eligible households plan to spend Chancellor John Healey's £100 January payment on groceries rather than energy costs.
Energy bills from suppliers including Southern Electric, EDF Energy and British Gas. Around a third of eligible households plan to spend Chancellor John Healey's £100 January payment on groceries rather than energy costs.

A Censuswide survey conducted for On the Beach found that 57% of households in council tax bands A to D intend to spend the £100 January payment on something other than energy bills. One in seven eligible households plan to put some of the money toward a summer holiday, a figure that climbs to 24% among 18 to 44-year-olds.

Around one third of respondents said the cash would go on groceries, while 13% plan to use it to clear debt and a further 13% intend to set it aside as savings.

The End Fuel Poverty Coalition warned on Budget day that the payment would 'barely dent' the predicted 22% rise in the energy price cap forecast for January.

Chancellor John Healey announced the £2.6bn scheme to pay £100 directly into bank accounts of bands A to D households, saying it would give families 'breathing space'.

MoreThe TimesFamilies to spend £100 energy bailout on a holiday - The TimesLBCSurvey reveals what some eligible households plan to use £100 energy payment forChronicle Live£100 energy payment: How eligible households plan to spend the government cashEvening StandardSurvey reveals what some eligible households plan to use £100 energy payment for
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