Liz Truss, who becomes Britain’s next Prime Minister today, will have at the top of her in-tray the energy bills crisis. Household gas and electricity bills are rising from about £1,300 to £3,500 a year between this winter and the next.
One of her first announcements as PM this week is likely to be support possibly on the scale of the Covid furlough scheme, which cost £70billion. Yet according to an article in The Mirror, she has repeatedly refused to confirm exactly what she will announce, having attacked “handouts” and warned “not all of those decisions will be popular.”
No final decisions have yet been made - and insiders say they will not be until after she is confirmed as Prime Minister, with an announcement at 12.30pm on Tuesday (Sept 6). However, a Truss ally said: ”I’m confident she appreciates the scale of the tsunami. I think it will be akin to what we did during Covid.”
