The new Prime Minister Liz Truss is set to announce her plans to support households and businesses across the UK amid soaring energy bills. The politician confirmed that she would announce the plans during Wednesday's PMQs.
It is said that Ms Truss' plans to guard households and businesses against crippling costs will be "bold", while ramping up domestic energy supply, PA has reported. Last week, it was announced that the energy price cap, which covers the vast majority of households, would rise 80% to an average of annual total of £3,549 from October.
The Conservative leader is due to unveil her proposals to Parliament on Thursday and is set to open a general debate at the House of Commons on energy costs. There have been various potential measures ahead of her announcement, from national insurance cut to freezing energy bills.