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Truss unveils plan to help households and businesses with energy costs

The new prime minister Liz Truss has set out plans to cap the average price of energy bills for households to £2,500 a year for two years from October.
A typical energy bills will be capped at £2,500 PHOTO Adobe Stock
A typical energy bills will be capped at £2,500 PHOTO Adobe Stock

Speaking in the House of Commons today, the prime minister said she was introducing ‘a new energy price guarantee’.

She also confirmed that the £400 payment for all households to help with energy bills would go ahead and people will get help through universal credit.

In a statement to MPs, the PM said, 'Earlier this week I promised I would deal with the soaring energy prices faced by families and businesses across the UK. And today I am delivering on that promise.

'This government is moving immediately to introduce a new energy price guarantee that will give people certainty on energy bills, it will curb inflation and boost growth.

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