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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Liz Truss energy and tax plan ‘will give richest families twice as much support’

Liz Truss
The Resolution Foundation says Liz Truss’s plan to avoid a fresh windfall tax on energy producers will heap the cost on taxpayers. Photograph: James Manning/PA

Liz Truss’s plans for an energy price freeze and sweeping tax cuts will give Britain’s richest households twice as much financial support with living costs as the poorest households, according to a leading thinktank.

The Resolution Foundation said the prime minister’s energy package, announced hours before news of the death of the Queen last week, would come with a “colossal” price tag for taxpayers that was poorly targeted to help those most in need when combined with tax cuts promised in her leadership campaign.

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