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<p>Supporting households and the most vulnerable by tackling cost of living pressures
remains a core priority for this government. That is why the UK Government has introduced
a £108 billion package of support over 2022-25, worth an average £3,800 per household,
to mitigate against these pressures. We are also making good progress against the
Prime Minister’s three economic priorities of halving inflation, getting the economy
growing and reducing the national debt. Inflation is now at 3.2 percent - less than
half its recent peak, and is expected to fall further to its 2 percent target one
year earlier than expected.</p><p> </p>
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