Richard Whelan in front of Festival place with a list of libdem policies on the cost of living

The cost-of-living crisis has caused huge financial hardship across the country and restricted the life chances of millions. The Government response has been a series of patchy and short term fixes.

Liberal Democrats believe that no one should fear for their future, struggle to put food on the table, or heat their home.

Our aim is to make the UK the best place in the world to work, raise children and enjoy retirement by ensuring that proper support is in place for those that need it.

  • Repair the broken safety net by reversing the Conservatives’ £20-a-week cut to Universal Credit, raising legacy benefits, and replacing the sanctions regime with an incentive-based scheme to help people into work.
  • Set a target of ending deep poverty within a decade, and establish an independent commission to recommend annual increases in Universal Credit to achieve it.
  • Support our pensioners by protecting the triple lock ensuring that pensions rise in line with inflation, wages or 2.5% – whichever is highest.
  • Ensure that women born in the 1950s are finally treated fairly, by properly compensating them in line with the recommendations of the Parliamentary Ombudsman.
  • Bring down energy bills and help to end fuel poverty by insulating existing homes, ensuring all new homes are warm and cheap to heat, and introducing a social tariff for the most vulnerable.
  • Make pensions green by requiring funds to comply with the climate goals in the Paris Agreement.

If you agree then share the message

This website uses cookies

Like most websites, this site uses cookies. Some are required to make it work, while others are used for statistical or marketing purposes. If you choose not to allow cookies some features may not be available, such as content from other websites. Please read our Cookie Policy for more information.

Essential cookies enable basic functions and are necessary for the website to function properly.
Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.