Gas, Liz Truss reveals plan in Britain: accounts frozen for two years

Gas, Liz Truss reveals plan in Britain: accounts frozen for two years

A monstrous intervention to contain energy costs by 2024. New British Prime Minister Liz Truss has launched an ambitious superplan to contain the explosive increase in gas due to the energy crisis triggered by the war in Ukraine. The new British prime minister announced the £150bn (about €180bn) plan in Parliament. “The government will cap gas and electricity prices for homes and businesses to alleviate the rising cost of living. The cap on the cost of utility bills will last for two years.”

The prime minister said that with energy cost limitations for homes and businesses, average household bills will not exceed £2,500 a year for heating and electricity. The cost of bills is expected to rise to £3,500 a year from October, three times what it was a year ago.

Source: IL Tempo

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