Play Brightcove videoITV News Political Editor Robert Peston gives his assessment on what Liz Truss's expected energy announcement could mean for familiesA plan to freeze the energy price cap is expected to be the first major policy announcement from new Prime Minister Liz Truss's administration. It comes as the current price cap is set to rise in October to £3,549. Meanwhile businesses have no protection from rising energy prices and are warning of closures and redundancies unless a solution is found. Reports suggest she is set to announce a freeze to the price cap, as early as Thursday. This would see government ministers establishing the price people pay for energy.

Source: The Times September 06, 2022 22:31 UTC