Liz Truss has drawn up plans to freeze energy bills for all. The price cap was due to jump 80% from October to £3,548 a year, threatening to drive millions of families into poverty and deepening the cost-of-living crisis. Liz Truss’s energy bills freeze explained in 9 pointsEnergy bills are set to rise in October. That’s likely to be around the current price cap of £1,971, with the Times reporting it will be around £2,500. Kate Nicholls, chief executive of UKHospitality, called for Truss to act "quickly and decisively" as the sector has been particularly hit by inflation and soaring energy bills.

Source: The Times September 06, 2022 18:24 UTC