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Evening Standard
Evening Standard
Business
Michael Hunter

Downing Street’s energy bill may reach almost £200 billion say City experts

Liz Truss, the new prime minister, is expected to announce an energy price freeze on Thursday

(Picture: AP)

The new occupant of Number 10 Downing Street is about to get the UK’s biggest energy bill, and it’s going to be twice as expensive as previously thought, according to some City experts.

Liz Truss is expected to announce plans to freeze gas and electricity bills for domestic and business customers on Thursday.  Analysis from Deutsche Bank puts the cost of the measures at almost £200 billion.

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