Liz Truss has updated Parliament on eagerly-awaited plans to support the UK through the energy price crisis. She today confirmed that she will set out her package of support to deal with soaring energy bills on Thursday.
The UK's new Prime Minister has also vowed to support pubs and restaurants with the ongoing energy price crisis. Mrs Truss said: “The hospitality industry is vital and I will make sure that in our energy plan we will help to support businesses and people with the immediate price crisis, as well as making sure there are long-term supplies available.”
At her first Prime Minister’s Questions, Ms Truss confirmed her plan, expected to freeze household bills at around £2,500, will be set out in Parliament. She rejected the idea of using a windfall tax on the bumper profits made by oil and gas giants to fund the package, reported to cost up to £150 billion.