New PM's energy bill options to include freeze plan
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.
The BBC understands that a similar scheme will be used to limit the energy price increases being experienced by small and medium-sized businesses.'Bold action' "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." Mr Kwarteng - tipped to be named chancellor by Ms Truss - suggested he would look at the UK's rules on government borrowing and spending - called fiscal rules - to see if they still worked for the economy.
It is likely to ultimately cost billions of pounds, and that may need to be paid back either through you paying extra on bills for the next decade, or through taxation if the government picks up the tab, or through extra borrowing.
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