Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Politics
Ben Glaze

Taxpayers to foot bill as Liz Truss writes 'blank cheque' to oil and gas giants

Taxpayers will foot the bill as Liz Truss writes a “blank cheque” to oil and gas giants making £170billion in excess profits from the energy crisis.

The new PM refuses to impose a windfall tax on the energy companies to fund her decision to freeze bills at around £2,500.

Instead, she is likely to increase borrowing at taxpayers’ expense, raising fears of even more Tory cuts in public services.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.