New PM also pledges to urgently tackle energy crisis with plans to freeze bills at about £2,500 a year expected within days

Liz Truss insisted the UK will “ride out the storm” of the worst cost of living crisis in a generation as she launched her premiership with a brutal cabinet clear-out.

In her first address as prime minister in Downing Street, she pledged to be “hands on” in urgently tackling the energy crisis with plans to freeze bills at about £2,500 a year expected within days, as her survival in No 10 depends on them.

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