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Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills

Prime minister to lead nation in a minute’s silence to honour the Queen’s legacy ahead of funeral

  • Accession of King Charles and death of Queen Elizabeth – latest updates

Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy – even as the new prime minister prepares to lead the nation in a minute’s silence on Sunday night to honour the Queen’s legacy.

Before the Queen’s funeral at Westminster Abbey on Monday and her burial at St George’s Chapel in Windsor Castle, Truss will appear on the steps of No 10 on Sunday night at 8pm as part of a final national “moment of reflection” on the monarch’s life and legacy.

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