PM Liz Truss to announce energy plan: Borrow £150bn, restart fracking and freeze bills at  £2,500

PM Liz Truss to announce energy plan: Borrow £150bn, restart fracking and freeze bills at £2,500

City A.M.

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Prime Minister Liz Truss is set to announce bold new proposals to tackle the energy crisis, including borrowing £150bn, freezing energy bills at £2,500 until 2024 and restarting fracking. The newly-minted PM’s plans come after she dismissed suggestions of a windfall tax on energy producers to pay for the borrowing, as questions are asked about [...]

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