More than half of businesses could close due to soaring bills, Liz Truss has been warned.
Thursday's announcement is expected to include financial support for households, which are facing an 80% rise in October.Owners of Scottish hospitality businesses told the BBC that only drastic action would prevent mass closures and lay-offs.
He added: "Honestly, I think if the industry doesn't get government help you're talking about half of it closing down within the next six months. "You know you're going to pay it, you just don't expect to be paying a new mortgage by paying your gas and electric every month," he said. "It would break my heart – and I mean that when I say that – if this business goes under," the bar owner said.Industry calls for rapid investment in North Sea
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We need new PM Liz Truss to call a general election immediatelyToday's front page is a message for Liz Truss. Call a General Election NOW. scotpapers Read More:
Read more »
New UK prime minister: What can Liz Truss expect on her first day?What awaits Liz Truss when she walks through the doors of Downing Street?
Read more »
Liz Truss won't have time to savour her victory - the UK needs action fastGet this badly wrong and the new PM may never recover, but a quick, decisive, generous package on energy prices would win her credibility
Read more »
How even Sweden's PM has been tweeting the wrong Liz TrussA woman called Liz Trussell, who appeared to have nabbed the Twitter handle LizTruss before the new Conservative leader, has been sending cheeky replies to people who think she's Britain's next prime minister.
Read more »
Liz Truss officially becomes Prime MinisterLiz Truss will now head to Downing Street to deliver her first speech in office.
Read more »
Liz Truss will FREEZE energy bills for homes & firms in 1st major act as PMLIZ Truss will freeze energy bills for homes and businesses in her first major act as new PM. She beat Rishi Sunak to lead the Tories and today will replace Boris Johnson. A multi-billion pound mov…
Read more »