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New British PM Liz Truss Sets Cap On Energy Bills

At a glance

  • U.K. Prime Minister Liz Truss on Thursday announced a broad stimulus package to help Brits with soaring energy bills and attract investment into the energy sector.
  • Truss announced a “new energy price guarantee that will give people certainty on energy bills.”
  • In her first major move in the leadership role, Truss announced the typical household “will pay no more than $2,880 per year for each of the next two years.”

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