The only credible solution to the energy bills crisis is for the UK Government to block the looming 80 per cent rise.
Millions of people will be plunged into poverty if the price cap is lifted and businesses will go to the wall. So it is encouraging that the UK Government is belatedly considering a freeze – despite being slow to react.
The debate now centres on how to pay for the freeze and two options are available to Prime Minister Liz Truss. The first is to put the bill on the backs of future taxpayers by radically increasing Government borrowing.