Ministers say options to tackle the cost of living crisis are being considered
Households struggling with the rising cost of living in the UK will receive some help this winter, Business Secretary Kwasi Kwarteng has said.
He insisted Ms Truss' pledges to reverse an increase to National Insurance and introduce a temporary moratorium on energy levies were examples of her willingness to "look at what more can be done"., Ms Truss also suggested families and businesses would be offered some kind of help with soaring bills under her - but she too gave little detail.
Kwasi Kwarteng is a close ally of Ms Truss - and seen by many as the most likely choice for chancellor in a Truss government. Some of Mr Sunak's allies question whether Ms Truss will be able to afford both her expensive tax cutting policy and a significant assistance programme to help with rising energy bills.
The cost-of-living crisis has been driven by a series of issues, including inflation outstripping wage increases and record energy bills due to a surge in wholesale gas prices.- determining the maximum suppliers can charge customers for energy usage in England, Scotland and Wales - is due to be announced at the end of this month.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Help Is Coming' To Ease Cost Of Living Pressures, Cabinet Minister SaysBusiness secretary Kwasi Kwarteng said Tory leadership frontrunner Liz Truss 'will look at what more can be done' to help households.
Read more »
'Help is coming' with cost of living, Business Sec insists amid concerns over winter blackouts'Help is coming' for struggling Brits to deal with the cost of living crisis, Business Secretary Kwasi Kwarteng has pledged.
Read more »
Liz Truss hints at new cost of living support as Labour calls for plans to be public after minister hints support in the worksHaving dismissed Labour's plans to freeze the energy cap as a 'sticking plaster', Liz Truss has hinted she may offer new support. It comes as Business Secretary Kwasi Kwarteng said 'more help is coming' - but the plans would be shown to whoever becomes PM in two weeks.
Read more »
Sizewell C: Government expected to approve funding for new nuclear plant in coming weeksBusiness Secretary Kwasi Kwarteng is understood to be pushing for the project, and Boris Johnson and Chancellor Nadhim Zahawi are also said to be on board. However other allies of Liz Truss seem concerned that making a decision soon would bind the hands of the new administration.
Read more »
'Help is coming' with cost of living, Business Sec insists amid concerns over winter blackouts'Help is coming' for struggling Brits to deal with the cost of living crisis, Business Secretary Kwasi Kwarteng has pledged.
Read more »
'Help Is Coming' To Ease Cost Of Living Pressures, Cabinet Minister SaysBusiness secretary Kwasi Kwarteng said Tory leadership frontrunner Liz Truss 'will look at what more can be done' to help households.
Read more »