Lewisham Labour’s latest analysis shows that households across the borough are set to benefit from substantial savings on their energy bills following measures announced in the budget. The Chancellor confirmed that, thanks to Labour-led action to ease the cost of living, households will save an average of £150 each. Across Lewisham, this adds up to an impressive £18,358,800 in total savings.
Alongside the £150 reduction in bills — and £300 for lower-income households eligible for the Warm Home Discount — the budget includes a range of further cost-of-living measures:
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Rail fares frozen for the first time in 30 years, saving commuters hundreds of pounds on season tickets.
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An extension of the temporary 5p fuel duty cut for five more months, plus a continued fuel duty freeze and the new UK-wide Fuel Finder scheme — saving the average driver £89.
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Boosted wages, with full-time workers on the National Living Wage receiving a £900 increase. Workers aged 18–20 on the National Minimum Wage will see their pay rise by £1,500.
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A continued commitment to the pension triple lock, meaning pensioners on the full new state pension will gain an additional £575 a year from April 2026.
Commenting on the analysis, Labour’s Councillor Amanda De Ryk, Cabinet Member for Finance, Resources and Performance, said:
“Labour is taking real action to support Lewisham families through the cost-of-living crisis. We know how tough things are, and we know every bit of help matters — that’s why energy bills will fall by £150 per household from April.
“And it doesn’t stop there. We are freezing train fares, extending the fuel duty cut, and raising the minimum wage once again.
“It will take time to turn the country around, but change is underway. Labour, both locally and nationally, is delivering practical steps to ensure you and your family are better off.”
