New PM to cut more than 拢1,000 from household bills over the next two years - though help for businesses will last just six months
Liz Truss has unveiled plans to borrow vast sums of money in order to cap annual household energy bills at 拢2,500 for the next two years, declaring 鈥渢his is the time to be bold鈥�.
The new prime minister鈥檚 plans are expected to cost up to 拢150bn, more than double the cost of the 拢70bn furlough scheme, and will save households more than 拢1,000 a year on their energy bill.
Businesses, charities and public sector organisations will be offered an 鈥渆quivalent guarantee鈥� over the next six months to he