Here’s the first chance Liz Truss has – to disappoint us
Liz Truss with her picture of the place where she works (she did it in crayon) [not really].
Apparently Liz Truss is “expected” to freeze energy bills for households and small-to-medium-sized businesses, while bigger companies may be offered tax breaks to help them through the current period of higher prices.
She hasn’t actually confirmed it yet, though.
Here‘s the BBC:
A freeze on energy bills is understood to be one of a number of options being worked on to help struggling households to cope with soaring costs.
It is expected that energy suppliers will be able to take out government-backed loans to subsidise bills.
Energy bosses have been meeting with government officials on the matter.
A £100bn plan to freeze household bills was proposed by energy companies last month.
Under the proposal, bills would be subsidised and the current price cap of £1,971 for a typical family would be maintained for two years.
The BBC understands that a similar scheme will be used to limit the energy price increases being experienced by small and medium-sized businesses.
And bigger companies may be offered tax breaks to help them through the period of high prices.
This Site discussed the loan plan (it was put forward by Ovo Energy) last week.
The question is, will Truss really adopt it? As the slogan runs, will she “freeze prices, not people”?
Or is this her first opportunity to let us all down?
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