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Insider UK
Insider UK
Business
David Hughes & Peter A Walker

Truss sets out plan to shield businesses from energy price crisis

Energy bills for the average household will be frozen at no more than £2,500 and businesses will be spared crippling increases, as Liz Truss took action to shield Britons from the global gas crisis.

The new Prime Minister’s two-year plan will save the average household around £1,000 from October and protect billpayers from further expected rises over the coming months.

For businesses and other non-domestic users such as schools and hospitals, which have not been covered by the existing price cap, a six-month scheme will offer equivalent support.

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