I understand anxiety over rising prices, says Chancellor Rishi Sunak

The caption is media.

Sunak wants to make sure policies help people.

Chancellor Sunak said he understands people's anxiety about rising prices and will listen to their concerns.

He said that the living wage rise and winter fuel payment are ways the government is helping people.

The chancellor is under pressure from Labour and some of his own MPs to cut the VAT on energy bills.

The minister is reported to have raised concern about the tax rise.

The Financial Times reported on Wednesday that the leader of the House, Mr Rees-Mogg, had argued against a hike in National Insurance in a Cabinet meeting.

The government says the rise will help tackle the back up in the health service and eventually be invested in social care.

Mr Sunak said that it was not a good idea to duck difficult decisions and that people wanted the government to invest in the health and social care.

The tax rise is due to kick in during April, around the same time that households could see a big rise in their energy bills.

27 energy companies have gone bust because of the high gas prices on the wholesale market.

Peter Bone urged the government to cut VAT on energy bills.

"Energy costs are a necessity and you can't avoid them." He said you need to heat your home.

Labour wants the government to scrap VAT on energy bills, as well as accusing the prime minister of failing to invest in long term energy security, and that "yet again working families are picking up tab for his incompetence" at Prime Minister's Questions.

The warm homes discount should be increased to £300, says Sir Ed.

He told the Today programme that they had to pay for it. The oil and gas sector has seen record profits because of the rising global gas prices.

When people are going to face an average increase in energy bill of nearly £700, and the oil and gas sectors are making super-profits, it's not unreasonable to ask them to make a contribution.

The chancellor said that the government had put in place a number of measures to help people with energy costs.

He said that at the end of last year they had announced half a billion dollars to help millions of families.

The warm homes discount reduces energy bills by about $140 and is one of the reasons cited by the chancellor.

He said that there is support for people, but that he was always listening to make sure the policy was in line with what he wanted.

It would be quick and easy to abolish VAT on energy bills, but it would also provide support to customers who don't need it.

5% of a possible price rise is small for those that need it.

The government can temporarily suspend the additional taxes on bills that fund green policies.

The UK hosted a major global climate summit and these levies are designed to reduce dependence on volatile fossil fuels.

Extending and expanding the Warm homes discount is one option. Customers who receive certain benefits can apply for a one-off payment.

The industry suggests that the energy companies should be able to draw down government cash when wholesale prices are high and then pay it back when prices go down.