Government shelves plan to secure long-term contracts because ‘locking in while gas prices are this high doesn’t make sense’

An energy security taskforce launched by Liz Truss has been scrapped by her successor, Rishi Sunak, after three months.

The taskforce, announced by Truss towards the beginning of her brief tenure as prime minister, was created as part of a package of measures announced in September to reform the “broken” market.

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