The new Prime Minister Liz Truss is preparing her first major policy to deliver a package of support for businesses and households struggling with energy bills, which are set to soar even higher next month.
She will travel to Balmoral to accept the role from the Queen later on today, but is thought to be drawing up plans for a freeze in bills which could cost around £100bn.
The Daily Telegraph reported that among the measures under consideration was a scheme to freeze bills until the next general election in 2024, while the Times suggested the measures could also apply to businesses who energy prices were not covered by the household cap.
