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The economic challenges facing Liz Truss, in four charts

Topmost in the new prime minister’s in-tray will be energy bills, wholesale gas prices, inflation and fuel poverty

Liz Truss is expected to announce her plans to cut energy bills and tackle the cost of living crisis in a statement to parliament on Thursday.

The new prime minister promised in her maiden speech this week to “deal hands on” with the immediate pressures facing households as the soaring cost of gas and electricity pushes inflation to the highest level in 40 years.

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