Energy industry sources are optimistic the government will back a plan to freeze the energy cap.
New Prime Minister Liz Truss used her victory speech to pledge to "deliver on the energy crisis" by dealing with bills as well as supplies.
"There's a political consensus that needs to happen. She needs to ask the question how she's going to pay for that. Labour made it clear, it needs to be a windfall tax on oil and gas companies." Federation of Small Businesses chairman Martin McTague said soaring energy bills "must be addressed urgently."
During the leadership race, Ms Truss said she would reverse a 1.25% rise in National Insurance and would suspend an increase in corporation tax - the measures will cost a combined £30bn. And, remember, the price cap only covers domestic bills in England, Wales, and Scotland. Will there be anything similar for billpayers in Northern Ireland who have also seen the cost of heating and lighting homes rise? What about small businesses, who are also seeing bills surge?Paul Johnson, director of the IFS, said "simply cutting taxes, cutting National Insurance contributions for example, is not a strategy for growth".
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