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Liz Truss prepares to announce energy price freeze plan

Business Green

And there were conflicting reports over the price tag attached to the new support package. Truss ally Iain Duncan Smith told The Times the package was likely to cost in the region of £90bn, while other reports put the estimated cost at £100bn and Bloomberg reported the total cost could reach £130bn.

Energy 69
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'A climate-shaped hole at its heart': The green economy reacts to the Spring Statement

Business Green

Ed Matthew, c ampaigns director at E3G, said: "The UK has the most energy inefficient housing stock in western Europe and action to cut energy demand is the most effective way to bring down energy bills. The cut in VAT for retrofitting homes is welcome, it will boost the industry and make action to decarbonise homes more affordable.