IMF says UK should consider 'well-targeted' action on energy prices

– Britain should consider more support for the poorest households which will face a big increase in their energy bills when regulated prices rise in April, the International Monetary Fund said on Tuesday.

“Very targeted, well-targeted support is important,” IMF Deputy Managing Director Gita Gopinath said at a news conference when asked if Britain’s government should provide more support for low income households.

“This should be well-targeted support to highly vulnerable households who are having to face very high cost increases … That would be useful. These energy costs are going to go up in April further,” she added.