Liz Truss is 'considering freezing energy bills for millions of hard-pressed households' in a bid to combat the cost of living crisis
The Foreign Secretary, who is expected to be named prime minister at lunchtime on Monday, has vowed to announce plans to tackle the cost of living crisis within her first week in office.
Kwasi Kwarteng, the Business Secretary tipped to become chancellor if Ms Truss wins, reportedly appeared “very open” to options for a freeze.Truss pledges 'immediate action' on spiralling energy bills as fears grow over cost of livingThere have been ever-louder calls in recent weeks for the Government to intervene to support the most vulnerable, with energy bills set to rise to around £3,500 this winter for the average household.
She refused to detail her plans but carefully declined to rule out freezing bills - a policy proposed by the Labour Party and energy companies - in an interview with the BBC. Throughout the campaign, Ms Truss has pledged to "start cutting taxes from day one" with a new Budget and Spending Review that would reverse April's rise in national insurance and next year's corporation tax increase from 19% to 25%.Truss was asked by the BBC: “Is it it fair to give the wealthiest people more money back?”“I oppose the decision to raise it in cabinet because it was the wrong decision.
She said that she will take "immediate action" to tackle the crisis for families and businesses, while also delivering a "broader plan to get our economy growing, make it more resilient and make it more competitive"."We need to take the difficult decisions to ensure we are not in this position every autumn and winter," she said.
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