With every new premiership comes new trials and tribulations. No one will be more aware of this than Liz Truss and her fresh cabinet, who have little choice but to hit the ground running with a plan to relieve the British public from the clutches of extortionate gas prices that have caused energy bills to spiral.
The cost of living crisis is due almost entirely to Putin’s war in Ukraine and his unrivalled chokehold on Europe’s gas supply. Soaring energy bills in the UK are being driven by international markets. Not, as some seem to think, by our inability to source more gas and increase its supply. Expanding drilling in the North Sea and fracking the English countryside would have negligible impact on the global shortfall and gas prices.
