New Prime Minister Liz Truss expected to freeze energy bills

New Prime Minister Liz Truss used her victory speech to pledge to "deliver on the energy crisis" by dealing with bills as well as supplies.

"There's a political consensus that needs to happen. She needs to ask the question how she's going to pay for that. Labour made it clear, it needs to be a windfall tax on oil and gas companies." Federation of Small Businesses chairman Martin McTague said soaring energy bills "must be addressed urgently."

During the leadership race, Ms Truss said she would reverse a 1.25% rise in National Insurance and would suspend an increase in corporation tax - the measures will cost a combined £30bn. And, remember, the price cap only covers domestic bills in England, Wales, and Scotland. Will there be anything similar for billpayers in Northern Ireland who have also seen the cost of heating and lighting homes rise? What about small businesses, who are also seeing bills surge?Paul Johnson, director of the IFS, said "simply cutting taxes, cutting National Insurance contributions for example, is not a strategy for growth".

But that isn’t going to help the families and businesses struggling with higher costs at the moment.

But nobody can afford today's prices and businesses have already started closing. It needs reversing not just freezing. It's gesture politics and it's rubbish .trussliz .10DowningStreet .Conservatives We need definite action not a standstill GTTO CorruptTories ThickLizzie

But then she'll starve us instead. They want fo kill you with stress. That way they never laid a finger on you.

Freeze it? No, roll it back, then freeze it

Fuck freezing it. Need to reduce it before lots of the older generation either starve or freeze to death.

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