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The Independent UK
The Independent UK
National
Liam James,Stuti Mishra,Chiara Giordano and Matt Mathers

Liz Truss – live: Energy bills capped for two years amid claims plan is ‘phony freeze’

Parliament TV

Liz Truss cabinet reshuffle: Who’s in and who’s out?

Liz Truss has been accused of bringing in a “phony freeze” on energy bills after announcing a £2,500 yearly price cap for the average household until October 2024.

Setting out her plan to help deal with the energy crisis, the prime minister also promised support for businesses struggling with bills for six months, with targeted support for vulnerable firms beyond that.

She announced the ban on fracking in England will end, meaning production of domestic shale gas could begin in as little as six months.

Opposition parties have warned the plan to ease the cost-of-living crisis without taxing energy firms could saddle Britons with debt for decades.

Labour leader Sir Keir Starmer claimed the move would force taxpayers to “foot the bill”, while the plans were dubbed a decades-long “Truss tax” by the SNP’s Ian Blackford.

Russia’s invasion of Ukraine pushed energy prices and security to the top of the agenda, prompting calls for the government to rethink the moratorium it had imposed on fracking in England in 2019 in the wake of tremors in Lancashire.

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