Freezing Energy Bills Despite Really Expensive Winter Ahead Says Minister Political News
Scottish Power’s boss revealed on Tuesday that he has asked the government to back a £100bn loan scheme to allow energy companies to freeze bills for two years. Keith Anderson said the plan is being considered by Business Minister Kwasi Kwarteng – who is tipped to become chancellor if Liz Truss wins the Tory leadership contest – and will also be presented to Scottish First Minister Nicola Sturgeon. Politics Hub: Truss promises budget event as Sunak warns of ‘impoverishment’ Energy analysts have predicted that typical bills could rise to around £3,500 in October and above £4,200 in January, leading to calls from households and businesses for additional help from the government....