
Related: Michael Gove backs Rishi Sunak over Liz Truss for PM
The leadership contest between Liz Truss and Rishi Sunak must end early so the government can tackle the cost of living crisis, an energy chief has said.
Bill Bullen, chief executive of Utilita, told BBC Radio 4’s Today programme: “This cannot wait until the 5 or 6 of September.
“The Conservative party needs to sort themselves out, decide who the leader is going to be this week, so that the Ofgem announcement on the 26th doesn’t have to happen. That is such an imperative.”
It comes after a supporter of Mr Sunak said Ms Truss’s campaign to be prime minister cannot continue to offer “magic money tree” promises on tax cuts.
Asked about the leadership candidates’ cost-of-living support plans, Thirsk and Malton MP Kevin Hollinrake praised the former chancellor’s “affordable” and “targeted package of support.”
Turning to the foreign secretary’s proposals, he told Sky News: “You see in the Truss camp a promise to spend £65 billion in tax cuts and extra spending and that is without even providing those targeted measures of support that will inevitably be needed.