New prime minister announces package of measures as cost of living soars

Liz Truss has promised freeze energy bills at an average of £2,500 a year for the next two years from 1 October under the “energy price guarantee”, replacing the existing Ofgem energy price cap which was due to reach £3,549 from 1 October. The freeze includes the temporary removal of green levies on household bills, worth about £150.

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