The Latest Breaking News from Liz Truss

The hike, which is predicted to leave 8.9million people in fuel poverty, was forecast as far back as March, and consumer champion Martin Lewis said: “This is shocking, but it is not a surprise. What is staggering is that we have allowed this announcement to be made"

Tory MPs are jittery while Keir Starmer is gaining traction with his plan for a price freeze

Experts say 80% price cap increase will plunge people into destitution and cause avoidable deaths

Lib Dems call on chancellor to apologise

Editorial: October’s 80% rise in domestic energy prices is an insufferable event. Raised taxes and increased borrowing are now essential to bring relief to millions

MPs say it is vital tax and spending measures proposed by potential new prime minister are examined by OBR

Some MPs backing leadership frontrunner showing signs of jitters over lack of response to soaring bills

The Joseph Rowntree Foundation (JRF) said that electricity and gas could soon become a luxury only the wealthy can afford as bills rocket - and said government action must be immediate

Senior Tory describes work as ‘vital’

The OBR’s confirmation puts the new government in the position of having to formally reject its offer.

Both wannabe PMs have been accused of rewriting history to impress right-wing Tory members, claiming they were uncomfortable with restrictions at the time