“And that’s why we’re giving about £3,500 for the average family this year and last to help with those pressures, absolutely unprecedented support.
“We always look at what else we can do, but we also have to be responsible with public finances.”
He added: “At the same time as energy prices have come down, so too have our receipts from the windfall taxes.
“So we have to look at everything in the context of what is responsible for public finances, because if we don’t, we’ll just see interest rates go up and then everyone who has a mortgage up and down the country will face a different kind of cost.”
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