New PM's energy bill options to include freeze plan
A freeze on energy bills is one of a number of options for tackling the soaring cost of gas and electricity due to be presented to the new prime minister this week.
"Lots of measures have been considered, some have progressed and some have not" a source said. Her team do not deny they might introduce a freeze on energy bills. A freeze of the energy price cap - the limit on how much gas and electricity can cost in England, Scotland and Wales - would not necessarily require upfront government funding at the beginning., Ms Truss' close ally, Business Secretary Kwasi Kwarteng said a government led by her will borrow more to help people this winter through "exceptionally difficult times" during the energy price shock.
Sir Geoffrey Clifton-Brown, treasurer of the 1922 Committee, which will announce the new prime minister at lunchtime on Monday, told the BBC the new leader would have to consider how much they are prepared to allow the UK's national debt to increase. The Lib Dems have called for a price cap rise in October - which will take the typical household energy bill from £1,971 to £3,549 - to be scrapped. It proposed that the cost be covered by a windfall tax on energy company profits.
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