The new Prime Minister of the United Kingdom, Liz Truss, has today set out a major plan for tackling soaring energy bills across the country that will limit the amount households pay in energy bills.
Ms Truss, who was announced as the new Conservative Party leader and Prime Minister on Monday - replacing the outgoing Boris Johnson - spoke in Parliament today to unveil the plan. Many believe this could already be the defining moment of her premiership.
Her plan will see the Ofgem price cap replaced with a 'two-year energy price cap guarantee.' This will see a typical UK household pay no more than £2,500 per year on energy bills for two years from October 1.