Truss set to freeze energy bills for two years, launch dash for North Sea gas and restart fracking to tackle crisis

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Truss set to freeze energy bills for two years, launch dash for North Sea gas and restart fracking to tackle crisis
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Liz Truss is set to freeze energy bills for two years, launch a dash for North Sea gas and restart fracking in a bid to tackle soaring costs

Labour pointed to prior comments from new Chancellor Kwasi Kwarteng, who argued that those calling for the return of onshore fracking "misunderstand the situation we find ourselves in".

"And with the best will in the world, private companies are not going to sell the shale gas they produce to UK consumers below the market price. They are not charities, after all."But Ms Truss remained optimistic about her plans, earlier stating: "I know families and businesses across the country are worried about how they are going to make ends meet this autumn and winter.

When asked by Labour leader Sir Keir Starmer why she was opposed to taxing oil and gas companies despite the fact they are set to make billions in profits, Ms Truss said she understood people were struggling with high costs and said she "will be making an announcement to this house on that tomorrow".

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