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

The economic challenges facing Liz Truss, in four charts

Liz Truss laughing
Liz Truss at her first PMQs with leader of the House of Commons Penny Mordaunt and health secretary Thérèse Coffey. Photograph: Jessica Taylor/UK Parliament/AFP/Getty

Liz Truss is expected to announce her plans to cut energy bills and tackle the cost of living crisis in a statement to parliament on Thursday.

The new prime minister promised in her maiden speech this week to “deal hands on” with the immediate pressures facing households as the soaring cost of gas and electricity pushes inflation to the highest level in 40 years.

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