Liz Truss vows emergency budget to provide support for families

Liz Truss today pledges ‘immediate support’ to help with soaring power bills if she becomes prime minister.

The price cap is expected to be raised to more than £3,500 per household today – almost treble the figure a year ago.

Analysts say bills could rise by a further £1,000 in January, with more pain in April as Vladimir Putin ‘weaponises’ his gas resources.

But writing in the Daily Mail, Miss Truss says she would use an emergency budget next month to ‘ensure support is on its way to get through these tough times’.

Energy firms warn that millions of families may be unable to pay their bills this winter without government help. And business leaders predict that many firms will go under unless action is taken to rein in their exorbitant power costs.