What Liz Truss's touted policy to freeze energy bills could mean for your money

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What Liz Truss's touted policy to freeze energy bills could mean for your money ➡️ Truss’s team is said to be discussing plans for a gas and electricity price freeze with industry leaders

Labour, the Lib Dems and the SNP have already called for a price cap freeze.

She is likely to be keen to avoid any package resembling Labour’s too closely, or else face criticisms that she stole the opposition’s policy.the package could cost “at least” £69bn, while Ms Truss herself did not deny on Sunday that the price of such as scheme could reach £100bn. Luke Murphy, associate director for climate and energy at IPPR, said: “These proposals would prevent soaring energy bills from pushing millions into debt and destitution, and hold down ever rising inflation which is a risk to the UK’s economic stability.

Source: News Formal (newsformal.com)

 

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Truss’s team should not be ‘discussing’ plans with industry leaders. They should be demanding.

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Liz Truss looks at UK energy price freeze to tackle spiralling bills\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
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Liz Truss looks at energy price freeze to tackle spiralling bills\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t You know it would be a lot easier if we just had a Labour Government to enact Labour policies instead of a Tory one that steals them and implements them badly Reasonable decision of the bureaucracy, dependent in a democracy on the supply of food for voters Not freeze but look to lock the prices indefinitely, it’s about the basic standards for society while protecting industry
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