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today pledges 'immediate support' to help the hardest hit families with soaring power bills if she becomes prime minister and said she plans to hold an emergency budget within days of arriving at No 10.<br>The price cap is expected to be raised to more than £3,500 per household today - almost treble the figure a year ago.<br>Analysts say bills could rise by a further £1,000 in January, with more pain in April as Vladimir  'weaponises' his gas resources.<br>But writing in the Daily Mail, Miss Truss says she would use an emergency budget next month to 'ensure support is on its way to get through these tough times'.<br>Energy firms warn that millions of families may be unable to pay their bills this winter without government help.<br><br>And business leaders predict that many firms will go under unless action is taken to rein in their exorbitant power costs.<br>The Foreign Secretary argued it was not 'right' to announce the full plan before the contest is over or she has seen all the analysis being prepared in Whitehall.<br>She was looking at assistance 'across the board' despite in the past insisting she was focused on slashing taxes, rather than what she termed 'giving out handouts' but has now promised 'decisive action' to deliver 'immediate support'.<br>        Writing in the Daily Mail, Liz Truss (pictured) says she would use an emergency budget next month to 'ensure support is on its way to get through these tough times'<br>          more videos                                                                          <br><br>DM.later('bundle', function()<br>DM.molFeCarousel.init('#p-17', 'channelCarousel', <br>"activeClass" : "wocc",<br>"pageCount" : "3.0",<br>"pageSize" : 1,<br>"onPos": 0,<br>"updateStyleOnHover": true<br>);<br>);<br>The energy price cap is expected to be raised to more than £3,500 per household today - almost treble the figure a year ago<br>The Telegraph reported that Chancellor Nadhim Zahawi is set to say measures to ease the burden will be announced as soon as possible after the winner of the Tory leadership contest is revealed in September.<br>The newspaper cited a Treasury source as saying Mr Zahawi has been 'working flat out to develop options for further support' so that Boris Johnson's successor 'can hit the ground running'.<br>Meanwhile, the Times reported that Truss held talks with Kwasi Kwarteng, the business secretary who is tipped to be her chancellor, and other senior members of her team about her plans. <br>Miss Truss's intervention comes as:<br>She also reveals she will give the [https://Slashdot.org/index2.pl?fhfilter=green%20light green light] for a resumption of fracking;Charities warned that more than eight million people could be plunged into fuel poverty this winter;Rishi Sunak finally confirmed he would support Miss Truss's economic plans if he lost the leadership race;An independent analysis of Labour's plans for an energy freeze found an £8billion black hole in the costings.   RELATED ARTICLES              <br><br><br><br>Share this article<br>Share<br><br><br>Miss Truss and her rival for No 10, Rishi Sunak, have both pledged to continue a £15billion support package unveiled in June.<br>But the Foreign Secretary today indicates she will go significantly further to ease the squeeze on cash-strapped homes.<br>She says Britain is facing 'extraordinarily difficult economic times', as a result of stagnant growth, high taxes and Russia 'using gas supply as a weapon'.<br>But she claims she can 'chart a confident course through this economic storm' and stave off a recession with her tax-cutting agenda.<br>        Rishi Sunak (pictured) yesterday indicated he would offer further support to pensioners and low income households if he won, along with cutting VAT on energy bills<br>        Business Secretary Kwasi Kwarteng (right), who is tipped to be her chancellor, has held talks with energy bosses about a £100billion plan to freeze bills for two years.<br><br>But insiders played down the prospect of it being approved<br>'The impact on our cost of living is clear at the supermarket checkout, at the petrol pump and on our latest energy bills,' she writes.<br>'I know how much does pressure washing equipment cost ([https://Beaufort-sc-near.weebly.com/ writes in the official Beaufort Sc Near Weebly blog]) hard it is for millions of Britons, and how grave concerns are about the consequences of today's decision by Ofgem on the next energy price cap.<br><br>The rest of Europe is facing the same challenge, which will loom large as winter sets in.<br><div class="art-ins mol-factbox news halfRHS" data-version="2" id="mol-9a8c8ca0-24bb-11ed-ace5-71117ec82683" website Truss vows emergency budget to provide support for families
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Revision as of 20:01, 25 September 2022

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