The Latest Breaking News from Liz Truss

New PM Liz Truss is refusing to impose a windfall tax on energy companies who made £170billion in excess profits amid the cost of living crisis to fund her bills freeze

Joyce Pinfield, who runs Greenacres in Crowle, Scunthorpe, says she does not know how she will afford increased electricity and gas costs

She has already rejected the idea of a windfall tax on profits from the oil and gas companies, reported to be up to £150billion

Labour accuses the new Prime Minister of writing a ‘blank cheque’ to oil and gas giants by ruling out a windfall tax.

The European Union is proposing a cap on the price of Russian natural gas, despite Vladimir Putin threatening to cut off supplies for any market that does so. European Commission President Ursula von der Leyen is also asking energy ministers to consider imposing a windfall tax on companies that have…

German Chancellor Olaf Scholz spoke to Britain's new Prime Minister Liz Truss by phone on Wednesday and invited her to visit Berlin soon, a German government spokesperson said.

Thursday: The minister for Indigenous Australians Linda Burney has set out the next steps on the road to a voice referendum. Plus: the world’s earliest surgery discovered in an Indonesian cave

MORE than 1000 people gathered in Glasgow on Wednesday night to demand urgent action on the cost-of-living event.

There was some doubt over whether Liz Truss would follow through on her reported pledge to create the position.